50, WHEELERS LANE, REDDITCH, B97 6GT - £248,000

50 WHEELERS LANE is a very small extended semi-detached house of 88m², built sometime between 2003 and 2006. It was last sold for £248,000 in May 2021, which was around 32% below the average May 2021 detached price in the Redditch local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

50 WHEELERS LANE Sold Prices

Land registry data shows three sales for 50 WHEELERS LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. All of the three 50 WHEELERS LANE sales 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
2021 7 MAY	£248,000	£363,514	32% below HPI
2015 21 AUG	£215,000	£278,921	23% below HPI
2004 18 JUN	£171,995	£212,823	19% below HPI

50 WHEELERS LANE 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 three 50 WHEELERS LANE sales between June 2004 and May 2021 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 August 2015 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the May 2021 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 50 WHEELERS LANE?

50 WHEELERS LANE is 88m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the smallest 20% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 50 WHEELERS LANE lies on this distribution: 20% of detached houses are smaller than 50 WHEELERS LANE, and 79% of houses are larger. Note that EPC data is not available for all properties in Redditch.

50 WHEELERS LANE: Plot and Title Map

50 WHEELERS LANE sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 50 WHEELERS LANE, 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 50 WHEELERS LANE). 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 50 WHEELERS LANE?

50 WHEELERS LANE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 50 on WHEELERS LANE.