116, MALVERN ROAD, REDDITCH, B97 5DP - £191,000

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.

116 MALVERN ROAD is a very small extended terraced house of 62m², built sometime between 1950 and 1966, which could now be worth an estimated £267,573. It was last sold for £191,000 in June 2017, which was around 31% above the average June 2017 terraced price in the Redditch local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

116 MALVERN ROAD Sold Prices

Land registry data shows four sales for 116 MALVERN ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Redditch local authority area for the corresponding sale date. All of the four 116 MALVERN ROAD 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
2017 29 JUN	£191,000	£146,348	31% above HPI
2006 9 FEB	£147,500	£109,347	35% above HPI
1999 22 MAR	£67,500	£43,003	57% above HPI
1999 22 MAR	£67,500	£43,003	57% above HPI

What might 116 MALVERN ROAD be worth now?

116 MALVERN ROAD might now be worth an estimated £267,573.

This is based on house price inflation of 40.1%, between June 2017 and April 2026, 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 40.1% inflationary increase is applied to the most recent sale price for 116 MALVERN ROAD of £191,000 on 29th June 2017. For the value to have increased from £191,000 to £267,573 over the nine years and two months to April 2026, the following assumptions must hold true:

• The value of 116 MALVERN ROAD has moved in line with the HPI for terraced houses in the Redditch local authority area.
• The June 2017 sale price of £191,000 represented a fair market value for the property.
• The size, condition, and specification of 116 MALVERN ROAD has not materially changed since June 2017.

How Large is 116 MALVERN ROAD?

116 MALVERN ROAD is 62m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the smallest 20% of terraced houses in Redditch, based on EPC data. The below chart shows the distribution of terraced houses by size in Redditch, and where 116 MALVERN ROAD lies on this distribution: 13% of terraced houses are smaller than 116 MALVERN ROAD, and 87% of terraced houses are larger. Note that EPC data is not available for all properties in Redditch.

116 MALVERN ROAD: Plot

116 MALVERN ROAD sits on a plot of roughly 0.086 of an acre, or 349m².

Where is 116 MALVERN ROAD?

116 MALVERN ROAD is located in REDDITCH, in the B97 postcode district.