5, SCOTT ROAD, REDDITCH, B97 5BW - £370,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 SCOTT ROAD is a very large extended detached house of 152m², built sometime between 1950 and 1966, which could now be worth an estimated £468,812. It was last sold for £370,000 in May 2019, which was around 16% above the average May 2019 detached price in the Redditch local authority area. The most recent EPC inspection was July 2012, where the current energy rating was C, and the potential energy rating was B.

5 SCOTT ROAD Sold Prices

Land registry data shows four sales for 5 SCOTT ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. two of the four 5 SCOTT ROAD sales were for above the average price, and four were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 29 MAY	£370,000	£318,267	16% above HPI
2013 5 SEP	£246,000	£233,153	6% above HPI
2006 3 FEB	£186,000	£219,788	15% below HPI
2003 12 SEP	£159,000	£192,617	17% below HPI

5 SCOTT ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Redditch local authority area over time, sourced from the HPI. The four 5 SCOTT ROAD sales between September 2003 and May 2019 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 2013 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the May 2019 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 5 SCOTT ROAD be worth now?

5 SCOTT ROAD might now be worth an estimated £468,812.

This is based on house price inflation of 26.7%, between May 2019 and April 2026, for detached houses, in the Redditch local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 26.7% inflationary increase is applied to the most recent sale price for 5 SCOTT ROAD of £370,000 on 29th May 2019. For the value to have increased from £370,000 to £468,812 over the seven years and one month to April 2026, the following assumptions must hold true:

• The value of 5 SCOTT ROAD has moved in line with the HPI for detached houses in the Redditch local authority area.
• The May 2019 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SCOTT ROAD has not materially changed since May 2019.

How Large is 5 SCOTT ROAD?

5 SCOTT ROAD is 152m², which includes one extension, according to the EPC inspection conducted in July 2012. This puts it in the largest 20% of detached houses houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses houses by size in Redditch, and where 5 SCOTT ROAD lies on this distribution: 87% of detached houses houses are smaller than 5 SCOTT ROAD, and 12% of houses are larger. Note that EPC data is not available for all properties in Redditch.

5 SCOTT ROAD: Plot and Title Map

5 SCOTT ROAD sits on a plot of roughly 0.134 of an acre, or 542m². The below map shows the location of 5 SCOTT ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 5 SCOTT ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 5 SCOTT ROAD?

5 SCOTT ROAD is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 5 on SCOTT ROAD.