77, WIREHILL DRIVE, REDDITCH, B98 7LP - £235,000

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.

77 WIREHILL DRIVE is a large extended terraced house of 130m², built sometime between 1950 and 1966, which could now be worth an estimated £298,643. It was last sold for £235,000 in July 2020, which was around 45% above the average July 2020 terraced price in the Redditch local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was C.

77 WIREHILL DRIVE Sold Prices

Land registry data shows three sales for 77 WIREHILL DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Redditch local authority area for the corresponding sale date. Two of the three 77 WIREHILL DRIVE sales were for above the average price, whilst one was 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
2020 3 JUL	£235,000	£161,851	45% above HPI
2002 16 AUG	£110,000	£68,173	61% above HPI
2000 2 MAY	£45,000	£50,373	11% below HPI

77 WIREHILL DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Redditch local authority area over time, sourced from the HPI. The three 77 WIREHILL DRIVE sales between May 2000 and July 2020 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 2002 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the July 2020 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.

What might 77 WIREHILL DRIVE be worth now?

77 WIREHILL DRIVE might now be worth an estimated £298,643.

This is based on house price inflation of 27.1%, between July 2020 and July 2025, for terraced 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 27.1% inflationary increase is applied to the most recent sale price for 77 WIREHILL DRIVE of £235,000 on 3rd July 2020. For the value to have increased from £235,000 to £298,643 over the five years to July 2025, the following assumptions must hold true:

• The value of 77 WIREHILL DRIVE has moved in line with the HPI for terraced houses in the Redditch local authority area.
• The July 2020 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 77 WIREHILL DRIVE has not materially changed since July 2020.

How Large is 77 WIREHILL DRIVE?

77 WIREHILL DRIVE is 130m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the largest 30% of terraced houses houses in Redditch, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Redditch, and where 77 WIREHILL DRIVE lies on this distribution: 72% of terraced houses houses are smaller than 77 WIREHILL DRIVE, and 27% of houses are larger. Note that EPC data is not available for all properties in Redditch.

77 WIREHILL DRIVE: Plot and Title Map

77 WIREHILL DRIVE sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 77 WIREHILL DRIVE, 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 77 WIREHILL DRIVE). 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 77 WIREHILL DRIVE?

77 WIREHILL DRIVE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 77 on WIREHILL DRIVE.