16, REDHOUSE ROAD, WOLVERHAMPTON, WV6 8ST - £493,000

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.

16 REDHOUSE ROAD is a very large extended detached house of 235m², built sometime between 1930 and 1949, which could now be worth an estimated £867,769. It was last sold for £493,000 in August 2014, which was around 160% above the average August 2014 detached price in the Wolverhampton local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was C.

16 REDHOUSE ROAD Sold Prices

Land registry data shows three sales for 16 REDHOUSE 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 Wolverhampton local authority area for the corresponding sale date. All of the three 16 REDHOUSE 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
2014 1 AUG	£493,000	£189,522	160% above HPI
2001 7 SEP	£217,000	£100,352	116% above HPI
2000 21 JUL	£175,000	£88,365	98% above HPI

16 REDHOUSE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wolverhampton local authority area over time, sourced from the HPI. The three 16 REDHOUSE ROAD sales between July 2000 and August 2014 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 2001 sale was for 116% above the HPI. So the extrapolation line tracks at 116% above the HPI over time, until the August 2014 sale, where it rises to 160% above the HPI. The line then continues to track at 160% above the HPI.

What might 16 REDHOUSE ROAD be worth now?

16 REDHOUSE ROAD might now be worth an estimated £867,769.

This is based on house price inflation of 76%, between August 2014 and February 2025, for detached houses, in the Wolverhampton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 76% inflationary increase is applied to the most recent sale price for 16 REDHOUSE ROAD of £493,000 on 1st August 2014. For the value to have increased from £493,000 to £867,769 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of 16 REDHOUSE ROAD has moved in line with the HPI for detached houses in the Wolverhampton local authority area.
• The August 2014 sale price of £493,000 represented a fair market value for the property.
• The size, condition, and specification of 16 REDHOUSE ROAD has not materially changed since August 2014.

How Large is 16 REDHOUSE ROAD?

16 REDHOUSE ROAD is 235m², which includes three extensions, according to the EPC inspection conducted in February 2013. This puts it in the largest 10% of detached houses houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wolverhampton, and where 16 REDHOUSE ROAD lies on this distribution: 96% of detached houses houses are smaller than 16 REDHOUSE ROAD, and 4% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

16 REDHOUSE ROAD: Plot and Title Map

16 REDHOUSE ROAD sits on a plot of roughly 0.180 of an acre, or 728m². The below map shows the location of 16 REDHOUSE 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 16 REDHOUSE 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 16 REDHOUSE ROAD?

16 REDHOUSE ROAD is located in WOLVERHAMPTON, in the WV6 postcode district. The below map shows the position of No. 16 on REDHOUSE ROAD.