1, REDLAKE ROAD, STOURBRIDGE, DY9 0RU - £315,000

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.

1 REDLAKE ROAD is a small extended semi-detached house of 99m², built sometime between 1900 and 1929, which could now be worth an estimated £446,923. It was last sold for £315,000 in July 2018, which was around 92% above the average July 2018 semi-detached price in the Dudley local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

1 REDLAKE ROAD Sold Prices

Land registry data shows three sales for 1 REDLAKE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Dudley local authority area for the corresponding sale date. All of the three 1 REDLAKE ROAD 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
2018 11 JUL	£315,000	£164,049	92% above HPI
2007 29 NOV	£257,500	£138,288	86% above HPI
2002 15 FEB	£159,500	£70,647	126% above HPI

1 REDLAKE ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Dudley local authority area over time, sourced from the HPI. The three 1 REDLAKE ROAD sales between February 2002 and July 2018 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 November 2007 sale was for 86% above the HPI. So the extrapolation line tracks at 86% above the HPI over time, until the July 2018 sale, where it rises to 92% above the HPI. The line then continues to track at 92% above the HPI.

What might 1 REDLAKE ROAD be worth now?

1 REDLAKE ROAD might now be worth an estimated £446,923.

This is based on house price inflation of 41.9%, between July 2018 and February 2025, for semi-detached houses, in the Dudley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 41.9% inflationary increase is applied to the most recent sale price for 1 REDLAKE ROAD of £315,000 on 11th July 2018. For the value to have increased from £315,000 to £446,923 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of 1 REDLAKE ROAD has moved in line with the HPI for semi-detached houses in the Dudley local authority area.
• The July 2018 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 1 REDLAKE ROAD has not materially changed since July 2018.

How Large is 1 REDLAKE ROAD?

1 REDLAKE ROAD is 99m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the smallest 30% of semi-detached houses houses in Stourbridge, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Stourbridge, and where 1 REDLAKE ROAD lies on this distribution: 30% of semi-detached houses houses are smaller than 1 REDLAKE ROAD, and 69% of houses are larger. Note that EPC data is not available for all properties in Stourbridge.

1 REDLAKE ROAD: Plot and Title Map

1 REDLAKE ROAD sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 1 REDLAKE ROAD, 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 1 REDLAKE ROAD). 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 1 REDLAKE ROAD?

1 REDLAKE ROAD is located in STOURBRIDGE, in the DY9 postcode district. The below map shows the position of No. 1 on REDLAKE ROAD.