HIVE COTTAGE, WEAVERS HILL, HUNT END, REDDITCH, B97 5QR - £420,000

HIVE COTTAGE is a midsized extended detached house of 113m², built sometime before 1900. It was last sold for £420,000 in October 2013, which was around 70% above the average October 2013 detached price in the Redditch local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was D.

HIVE COTTAGE Sold Prices

Land registry data shows two sales for HIVE COTTAGE 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 HIVE COTTAGE sales were for above 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
2013 10 OCT	£420,000	£246,513	70% above HPI
1995 14 AUG	£133,000	£86,748	53% above HPI

HIVE COTTAGE 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 HIVE COTTAGE sales from August 1995 and October 2013 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 1995 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the October 2013 sale, where it rises to 70% above the HPI. The line then continues to track at 70% above the HPI.

How Large is HIVE COTTAGE?

HIVE COTTAGE is 113m², which includes four extensions, according to the EPC inspection conducted in January 2012. This puts it in the largest 50% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where HIVE COTTAGE lies on this distribution: 52% of detached houses are smaller than HIVE COTTAGE, and 48% of houses are larger. Note that EPC data is not available for all properties in Redditch.

HIVE COTTAGE: Plot and Title Map

HIVE COTTAGE sits on a plot of roughly 0.312 of an acre, or 1,262m². The below map shows the location of HIVE COTTAGE, 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 HIVE COTTAGE). 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 HIVE COTTAGE?

HIVE COTTAGE is located on WEAVERS HILL in HUNT END, in the B97 postcode district. The below map shows the position of HIVE COTTAGE on WEAVERS HILL.