16, REDLANDS WAY, SUTTON COLDFIELD, B74 3ET - £565,000

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

16 REDLANDS WAY is a small detached house of 101m², built sometime between 1967 and 1975. It was last sold for £565,000 in March 2022, which was around 75% above the average March 2022 detached price in the Walsall local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was B.

16 REDLANDS WAY Sold Prices

Land registry data shows three sales for 16 REDLANDS WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Walsall local authority area for the corresponding sale date. All of the three 16 REDLANDS WAY 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
2022 11 MAR	£565,000	£323,555	75% above HPI
2019 29 NOV	£447,500	£279,995	60% above HPI
2006 20 JUN	£248,000	£213,644	16% above HPI

16 REDLANDS WAY 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 three 16 REDLANDS WAY sales between June 2006 and March 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 November 2019 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the March 2022 sale, where it rises to 75% above the HPI. The line then continues to track at 75% above the HPI.

How Large is 16 REDLANDS WAY?

16 REDLANDS WAY is 101m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 30% of detached houses in Streetly, based on EPC data. The below chart shows the distribution of detached houses by size in Streetly, and where 16 REDLANDS WAY lies on this distribution: 24% of detached houses are smaller than 16 REDLANDS WAY, and 75% of houses are larger. Note that EPC data is not available for all properties in Streetly.

16 REDLANDS WAY: Plot and Title Map

16 REDLANDS WAY sits on a plot of roughly 0.119 of an acre, or 480m². The below map shows the location of 16 REDLANDS WAY, 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 REDLANDS WAY). 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 REDLANDS WAY?

16 REDLANDS WAY is located in SUTTON COLDFIELD, in the B74 postcode district. The below map shows the position of No. 16 on REDLANDS WAY.