1, REDWOOD CLOSE, SUTTON COLDFIELD, B74 3JQ - £213,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 REDWOOD CLOSE is a large extended detached house of 138m², built sometime between 1976 and 1982. It was last sold for £213,000 in June 2002, which was around 63% above the average June 2002 detached price in the Walsall local authority area. The most recent EPC inspection was July 2024, where the current energy rating was D, and the potential energy rating was B.

1 REDWOOD CLOSE Sold Prices

Land registry data shows two sales for 1 REDWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Walsall local authority area for the corresponding sale date. Both of the two 1 REDWOOD CLOSE 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
2002 6 JUN	£213,000	£130,905	63% above HPI
1998 24 JUL	£125,000	£86,062	45% above HPI

1 REDWOOD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Walsall local authority area over time, sourced from the HPI. The two 1 REDWOOD CLOSE sales from July 1998 and June 2002 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 July 1998 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the June 2002 sale, where it rises to 63% above the HPI. The line then continues to track at 63% above the HPI.

How Large is 1 REDWOOD CLOSE?

1 REDWOOD CLOSE is 138m², which includes one extension, according to the EPC inspection conducted in July 2024. This puts it in the largest 40% of detached houses in Streetly, based on EPC data. The below chart shows the distribution of detached houses by size in Streetly, and where 1 REDWOOD CLOSE lies on this distribution: 62% of detached houses are smaller than 1 REDWOOD CLOSE, and 37% of houses are larger. Note that EPC data is not available for all properties in Streetly.

1 REDWOOD CLOSE: Plot and Title Map

1 REDWOOD CLOSE sits on a plot of roughly 0.124 of an acre, or 502m². The below map shows the location of 1 REDWOOD CLOSE, 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 REDWOOD CLOSE). 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 REDWOOD CLOSE?

1 REDWOOD CLOSE is located in SUTTON COLDFIELD, in the B74 postcode district. The below map shows the position of No. 1 on REDWOOD CLOSE.