55, Banners Lane, B97 5LS
55 Banners Lane is a 86 m² / 926 sq ft terraced home in Redditch. It sold for £162,000 in April 2019. Indexed forward to today's value, that sale is roughly £219k. Recent local prices imply a broad valuation context of £251k to £329k based on its internal area. The Land Registry and EPC data was last updated 1 June 2026.
- Sale history
-
Date Paid price Annual growth After inflation Apr 2019 £162,000 * 3.3% 1.7% May 2014 £138,000 3.6% 1.1% Mar 2004 £96,000 23.0% 21.3% Nov 1997 £25,650 na na *This price paid record has been flagged by Land Registry as a 'Category B: Additional Price Paid entry'. This could be due to a variety of reasons, such as the sale being a buy-to-let purchase, a repossession or a transfer to a limited company. When Land Registry suspects that a sale does not reflect full market value (e.g. part-ownership or right to buy), these transactions can be flagged as well. For this reason, we exclude them from our area statistics.
- Floor plan
-
Archived estate agent floor plan for 55, Banners Lane.
- Internal area
- 86 square metres (926 square feet) according to latest EPC inspection
- Price per internal area
-
This property sold for £1,883 per square metre (£175 per square foot) in Apr 2019. Indexed forward to today's value, this is roughly £2,547 per square metre (£237 per square foot) .
Date Paid price Paid £/sqm Today's value Today's value £/sqm Apr 2019 £162,000 £1,884 £219,057 £2,547 May 2014 £138,000 £1,605 £234,575 £2,728 Mar 2004 £96,000 £1,116 £199,390 £2,318 Nov 1997 £25,650 £298 £116,244 £1,352 Calculated using the latest EPC internal area of 86 m². Earlier sale dates may not have had the same measured area available.
- Valuation
- The most recent sale price indexed forward to today's value is £219,057. This is one data point to inform the valuation. Another method is the valuation implied by what comparable homes are selling for. Homes in Redditch are now selling for between £2,920 and £3,830 per square metre (£271 and £355 per square foot). Based on an internal area of 86 m², this implies a valuation between £251,000 and £329,000. Treat this as context only. For a valuation using hand-picked comparable sales, use the Advanced search tool — create a shortlist of similar condition homes, then export a valuation report.
- Bedrooms
- 3
- Type
- Terrace
- Council tax band
- B
- Plot size
- 145 square metres (1,561 square feet) - map showing freehold boundary lines
- Title number
- HW184202
- Tenure
- Freehold
- Title address
- 55 Banners Lane, Redditch
- Owner
-
THE COUNCIL OF THE BOROUGH OF REDDITCH
Proprietor address: Town Hall, Walter Stranz Square, Redditch B98 8AH
Price paid on title: £162,000
Ownership record added to Land Registry's corporate ownership dataset 31 May 2019
- Summary:
- 03 September 2013 - energy performance certificate grade C
- Certificate:
- View energy certificate on GOV.UK
- Reason for EPC:
- marketed sale
- Tenure:
- Owner-occupied
- Property type:
- Mid-Terrace House , has 5 habitable rooms. Estimated year built 1967 to 1975
- Area:
- 86 sqm (926 square foot) total internal area
- Comments:
- Walls: Cavity wall, filled cavity. Roof: Pitched, 100 mm loft insulation. Heating: Boiler and radiators, mains gas.
55 Banners Lane is worth whatever price a willing buyer and seller agree upon. However, the following can provide useful context.
- HouseMetric estimates the most recent sale price indexed forward to today's value is £219,057.
- Based on an internal area of 86 m² and recent prices in Redditch, this implies a lower and upper quartile range from £251,000 to £329,000, using HouseMetric's implied valuation methodology.
For more detail on HouseMetric data sources, update frequency and valuation methods, see the HouseMetric FAQs.