9, ALDERMANS LANE, REDDITCH, B97 6TJ - £402,500

9 ALDERMANS LANE is a small detached house of 100m², built sometime between 1996 and 2002. It was last sold for £402,500 in August 2023, which was around 2% below the average August 2023 detached price in the Redditch local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

9 ALDERMANS LANE Sold Prices

Land registry data shows four sales for 9 ALDERMANS 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 9 ALDERMANS 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
2023 29 AUG	£402,500	£409,687	2% below HPI
2010 26 MAR	£211,000	£232,186	9% below HPI
2001 19 OCT	£137,000	£146,517	6% below HPI
1999 28 MAY	£109,995	£106,045	4% above HPI

9 ALDERMANS 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 9 ALDERMANS LANE sales between May 1999 and August 2023 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 March 2010 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the August 2023 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 9 ALDERMANS LANE?

9 ALDERMANS LANE is 100m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 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 9 ALDERMANS LANE lies on this distribution: 34% of detached houses are smaller than 9 ALDERMANS LANE, and 64% of houses are larger. Note that EPC data is not available for all properties in Redditch.

9 ALDERMANS LANE: Plot and Title Map

9 ALDERMANS LANE sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 9 ALDERMANS 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 9 ALDERMANS 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 9 ALDERMANS LANE?

9 ALDERMANS LANE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 9 on ALDERMANS LANE.