120, WALKWOOD ROAD, REDDITCH, B97 5NN - £254,000

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

120 WALKWOOD ROAD is a very small extended detached house of 86m², built sometime before 1900. It was last sold for £254,000 in July 2022, which was around 37% below the average July 2022 detached price in the Redditch local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was B.

120 WALKWOOD ROAD Sold Prices

Land registry data shows three sales for 120 WALKWOOD ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. All of the three 120 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 15 JUL	£254,000	£403,846	37% below HPI
2007 27 JUL	£164,550	£249,482	34% below HPI
1998 8 SEP	£79,000	£103,729	24% below HPI

120 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 three 120 WALKWOOD ROAD sales between September 1998 and July 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 July 2007 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the July 2022 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 120 WALKWOOD ROAD?

120 WALKWOOD ROAD is 86m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the smallest 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 120 WALKWOOD ROAD lies on this distribution: 18% of detached houses are smaller than 120 WALKWOOD ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Redditch.

120 WALKWOOD ROAD: Plot and Title Map

120 WALKWOOD ROAD sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 120 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 120 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 120 WALKWOOD ROAD?

120 WALKWOOD ROAD is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 120 on WALKWOOD ROAD.