FLAT 1, 81, LODGE ROAD, REDDITCH, B98 7BS - £38,000

FLAT 1 81 LODGE ROAD is a very small detached house of 28m², built sometime between 1996 and 2002. It was last sold for £38,000 in July 1998, which was around 63% below the average July 1998 detached price in the Redditch local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was C.

FLAT 1 81 LODGE ROAD Sold Prices

Land registry data shows two sales for FLAT 1 81 LODGE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. Both of the two FLAT 1 81 LODGE ROAD 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
1998 17 JUL	£38,000	£102,038	63% below HPI
1997 26 FEB	£20,000	£91,810	78% below HPI

FLAT 1 81 LODGE 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 two FLAT 1 81 LODGE ROAD sales from February 1997 and July 1998 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 February 1997 sale was for 78% below the HPI. So the extrapolation line tracks at 78% below the HPI over time, until the July 1998 sale, where it rises to 63% below the HPI. The line then continues to track at 63% below the HPI.

How Large is FLAT 1 81 LODGE ROAD?

FLAT 1 81 LODGE ROAD is 28m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 10% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where FLAT 1 81 LODGE ROAD lies on this distribution: Less than 1% of detached houses are smaller than FLAT 1 81 LODGE ROAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Redditch.

FLAT 1 81 LODGE ROAD: Plot and Title Map

FLAT 1 81 LODGE ROAD sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of FLAT 1 81 LODGE 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 FLAT 1 81 LODGE 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 FLAT 1 81 LODGE ROAD?

FLAT 1, 81 LODGE ROAD is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 81 on LODGE ROAD.