THE REDLANDS, TAMWORTH ROAD, NETHER WHITACRE, BIRMINGHAM, B46 2PL - £1,085,000

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.

THE REDLANDS is a very large detached house of 266m², built sometime between 1900 and 1929, which could now be worth an estimated £1,133,911. It was last sold for £1,085,000 in March 2023, which was around 160% above the average March 2023 detached price in the North Warwickshire local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

THE REDLANDS Sold Prices

Land registry data shows three sales for THE REDLANDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Warwickshire local authority area for the corresponding sale date. All of the three THE REDLANDS 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
2023 16 MAR	£1,085,000	£417,535	160% above HPI
2017 4 SEP	£740,000	£326,215	127% above HPI
2012 12 OCT	£650,000	£250,882	159% above HPI

THE REDLANDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Warwickshire local authority area over time, sourced from the HPI. The three THE REDLANDS sales between October 2012 and March 2023 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 September 2017 sale was for 127% above the HPI. So the extrapolation line tracks at 127% above the HPI over time, until the March 2023 sale, where it rises to 160% above the HPI. The line then continues to track at 160% above the HPI.

What might THE REDLANDS be worth now?

THE REDLANDS might now be worth an estimated £1,133,911.

This is based on house price inflation of 4.5%, between March 2023 and June 2025, for detached houses, in the North Warwickshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.5% inflationary increase is applied to the most recent sale price for THE REDLANDS of £1,085,000 on 16th March 2023. For the value to have increased from £1,085,000 to £1,133,911 over the one year and nine months to June 2025, the following assumptions must hold true:

• The value of THE REDLANDS has moved in line with the HPI for detached houses in the North Warwickshire local authority area.
• The March 2023 sale price of £1,085,000 represented a fair market value for the property.
• The size, condition, and specification of THE REDLANDS has not materially changed since March 2023.

How Large is THE REDLANDS?

THE REDLANDS is 266m² according to the EPC inspection conducted in June 2016. This puts it in the largest 10% of detached houses houses in Nether Whitacre, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nether Whitacre, and where THE REDLANDS lies on this distribution: 93% of detached houses houses are smaller than THE REDLANDS, and 7% of houses are larger. Note that EPC data is not available for all properties in Nether Whitacre.

THE REDLANDS: Plot and Title Map

THE REDLANDS sits on a plot of roughly 0.979 of an acre, or 3,961m². The below map shows the location of THE REDLANDS, 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 THE REDLANDS). 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 THE REDLANDS?

THE REDLANDS is located on TAMWORTH ROAD in NETHER WHITACRE, in the B46 postcode district. The below map shows the position of THE REDLANDS on TAMWORTH ROAD.