8, MARLPIT LANE, REDDITCH, B97 5AN - £229,000

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.

8 MARLPIT LANE is a small extended detached house of 100m², built sometime between 1930 and 1949, which could now be worth an estimated £364,488. It was last sold for £229,000 in November 2014, which was around 8% below the average November 2014 detached price in the Redditch local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was B.

8 MARLPIT LANE Sold Prices

Land registry data shows one sale for 8 MARLPIT 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
2014 19 NOV	£229,000	£247,616	8% below HPI

What might 8 MARLPIT LANE be worth now?

8 MARLPIT LANE might now be worth an estimated £364,488.

This is based on house price inflation of 59.2%, between November 2014 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 59.2% inflationary increase is applied to the most recent sale price for 8 MARLPIT LANE of £229,000 on 19th November 2014. For the value to have increased from £229,000 to £364,488 over the twelve years and six months to May 2026, the following assumptions must hold true:

• The value of 8 MARLPIT LANE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The November 2014 sale price of £229,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MARLPIT LANE has not materially changed since November 2014.

How Large is 8 MARLPIT LANE?

8 MARLPIT LANE is 100m², which includes two extensions, according to the EPC inspection conducted in May 2014. This puts it in the smallest 40% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 8 MARLPIT LANE lies on this distribution: 34% of detached houses are smaller than 8 MARLPIT LANE, and 64% of detached houses are larger. Note that EPC data is not available for all properties in Redditch.

8 MARLPIT LANE: Plot

8 MARLPIT LANE sits on a plot of roughly 0.100 of an acre, or 404m².

Where is 8 MARLPIT LANE?

8 MARLPIT LANE is located in REDDITCH, in the B97 postcode district.