2, DAIRY LANE, REDDITCH, B97 6TR - £117,000

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.

2 DAIRY LANE is a detached house, which could now be worth an estimated £356,798. It was last sold for £117,000 in May 2001, which was around 9% below the average May 2001 detached price in the Redditch local authority area.

2 DAIRY LANE Sold Prices

Land registry data shows two sales for 2 DAIRY LANE 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 2 DAIRY 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
2001 11 MAY	£117,000	£129,238	9% below HPI
1999 29 OCT	£107,000	£109,922	3% below HPI

What might 2 DAIRY LANE be worth now?

2 DAIRY LANE might now be worth an estimated £356,798.

This is based on house price inflation of 205%, between May 2001 and May 2026, for detached 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 205% inflationary increase is applied to the most recent sale price for 2 DAIRY LANE of £117,000 on 11th May 2001. For the value to have increased from £117,000 to £356,798 over the 25 years to May 2026, the following assumptions must hold true:

• The value of 2 DAIRY LANE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The May 2001 sale price of £117,000 represented a fair market value for the property.
• The size, condition, and specification of 2 DAIRY LANE has not materially changed since May 2001.

Where is 2 DAIRY LANE?

2 DAIRY LANE is located in REDDITCH, in the B97 postcode district.