111, WALKWOOD ROAD, REDDITCH, B97 5NP - £190,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

111 WALKWOOD ROAD is a very small extended detached house of 65m², built sometime between 1950 and 1966. It was last sold for £190,000 in November 2015, which was around 31% below the average November 2015 detached price in the Redditch local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was B.

111 WALKWOOD ROAD Sold Prices

Land registry data shows two sales for 111 WALKWOOD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. Both of the two 111 WALKWOOD ROAD sales were for below 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
2015 20 NOV	£190,000	£274,679	31% below HPI
2002 16 SEP	£161,000	£171,337	6% below HPI

111 WALKWOOD ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Redditch local authority area over time, sourced from the HPI. The two 111 WALKWOOD ROAD sales from September 2002 and November 2015 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 2002 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the November 2015 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 111 WALKWOOD ROAD?

111 WALKWOOD ROAD is 65m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the smallest 10% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 111 WALKWOOD ROAD lies on this distribution: 3% of detached houses are smaller than 111 WALKWOOD ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Redditch.

111 WALKWOOD ROAD: Plot and Title Map

111 WALKWOOD ROAD sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 111 WALKWOOD 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 111 WALKWOOD 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 111 WALKWOOD ROAD?

111 WALKWOOD ROAD is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 111 on WALKWOOD ROAD.