7, GRAZING LANE, REDDITCH, B97 5PE - £410,000

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.

7 GRAZING LANE is a midsized detached house of 109m², built sometime between 1983 and 1990, which could now be worth an estimated £406,107. It was last sold for £410,000 in December 2022, which was around 3% above the average December 2022 detached price in the Redditch local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.

7 GRAZING LANE Sold Prices

Land registry data shows one sale for 7 GRAZING LANE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Redditch local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 8 DEC	£410,000	£397,896	3% above HPI

What might 7 GRAZING LANE be worth now?

7 GRAZING LANE might now be worth an estimated £406,107.

This is based on house price deflation of 0.9%, between December 2022 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 0.9% deflationary decrease is applied to the most recent sale price for 7 GRAZING LANE of £410,000 on 8th December 2022. For the value to have decreased from £410,000 to £406,107 over the four years and seven months to May 2026, the following assumptions must hold true:

• The value of 7 GRAZING LANE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The December 2022 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 7 GRAZING LANE has not materially changed since December 2022.

How Large is 7 GRAZING LANE?

7 GRAZING LANE is 109m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 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 7 GRAZING LANE lies on this distribution: 45% of detached houses are smaller than 7 GRAZING LANE, and 53% of detached houses are larger. Note that EPC data is not available for all properties in Redditch.

7 GRAZING LANE: Plot

7 GRAZING LANE sits on a plot of roughly 0.125 of an acre, or 504m².

Where is 7 GRAZING LANE?

7 GRAZING LANE is located in REDDITCH, in the B97 postcode district.