5 Wheelers Lane

    5, WHEELERS LANE, REDDITCH, B97 6GT

    This detached freehold property on Wheelers Lane last sold in July 2023 for £445,000. Based on price growth in the B97 district since then, its estimated current value is £453,325 — placing it in the 74th percentile nationally and the 87th percentile within B97. The property covers 198 m² (2,131 sq ft), giving an estimated value of £2,290 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    198 m²

    (2,131 sq ft)

    Last Sale Price

    £445,000

    Jul 2023

    Estimated Valuation

    £453,325

    Est. £/m²

    £2,290/m²

    £213/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area198 m² (2,131 sq ft)
    EPC dateOct 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Jul 2023

    £445,000

    31 Oct 2003

    New build

    £294,995

    Key Metrics

    Estimated valuation£453,325
    Value per m² / sq ft£2,290/m² (£213/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B97 district percentile87th percentile
    National percentile74th percentile

    District Context — B97

    B97 covers Redditch and surrounding areas in the North Worcestershire belt, positioned between Birmingham and the wider West Midlands region. It is a established residential district with a mixed residential and employment base, appealing primarily to families and commuters seeking more affordable alternatives to urban centres.

    Average Property Price - B97

    £296,070

    41

    National percentile

    Average Net Household Income - B97

    £38,312

    51

    National percentile

    10-Year Annualised Price Growth - B97

    3.7%

    57

    National percentile

    10-Year Annualised Rent Growth - B

    4.4%

    77

    National percentile

    View full analysis for B97

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