116, WALKWOOD ROAD, REDDITCH, B97 5NN - £362,000

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

116 WALKWOOD ROAD is a very large extended detached house of 153m², built sometime before 1900. It was last sold for £362,000 in May 2022, which was around 9% below the average May 2022 detached price in the Redditch local authority area. The most recent EPC inspection was January 2012, where the current energy rating was E, and the potential energy rating was D.

116 WALKWOOD ROAD Sold Prices

Land registry data shows four sales for 116 WALKWOOD ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. All of the four 116 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
2022 30 MAY	£362,000	£398,813	9% below HPI
2007 26 OCT	£223,000	£254,511	12% below HPI
2004 1 MAR	£170,000	£214,190	21% below HPI
1995 13 OCT	£40,000	£88,354	55% below HPI

116 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 four 116 WALKWOOD ROAD sales between October 1995 and May 2022 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 October 2007 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the May 2022 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 116 WALKWOOD ROAD?

116 WALKWOOD ROAD is 153m², which includes three extensions, according to the EPC inspection conducted in January 2012. This puts it in the largest 20% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 116 WALKWOOD ROAD lies on this distribution: 89% of detached houses are smaller than 116 WALKWOOD ROAD, and 11% of houses are larger. Note that EPC data is not available for all properties in Redditch.

116 WALKWOOD ROAD: Plot and Title Map

116 WALKWOOD ROAD sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of 116 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 116 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 116 WALKWOOD ROAD?

116 WALKWOOD ROAD is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 116 on WALKWOOD ROAD.