7, SHIRELAND LANE, REDDITCH, B97 6UB - £312,000

7 SHIRELAND LANE is a large detached house of 123m², built sometime between 1996 and 2002. It was last sold for £312,000 in April 2021, which was around 13% below the average April 2021 detached price in the Redditch local authority area. The most recent EPC inspection was October 2015, where the current energy rating was C, and the potential energy rating was B.

7 SHIRELAND LANE Sold Prices

Land registry data shows four sales for 7 SHIRELAND LANE 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. Most of the four 7 SHIRELAND 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 8 APR	£312,000	£358,294	13% below HPI
2016 31 AUG	£265,000	£294,498	10% below HPI
2006 30 JUN	£230,000	£239,114	4% below HPI
2000 17 MAR	£134,450	£113,541	18% above HPI

7 SHIRELAND 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 four 7 SHIRELAND LANE sales between March 2000 and April 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 2016 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the April 2021 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 7 SHIRELAND LANE?

7 SHIRELAND LANE is 123m² according to the EPC inspection conducted in October 2015. This puts it in the largest 40% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 7 SHIRELAND LANE lies on this distribution: 65% of detached houses are smaller than 7 SHIRELAND LANE, and 34% of houses are larger. Note that EPC data is not available for all properties in Redditch.

7 SHIRELAND LANE: Plot and Title Map

7 SHIRELAND LANE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 7 SHIRELAND 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 7 SHIRELAND 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 7 SHIRELAND LANE?

7 SHIRELAND LANE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 7 on SHIRELAND LANE.