172, WALKWOOD ROAD, REDDITCH, B97 5NS - £324,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

172 WALKWOOD ROAD is a small extended detached house of 93m², built sometime between 1967 and 1975. It was last sold for £324,000 in January 2024, which was around 19% below the average January 2024 detached price in the Redditch local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was C.

172 WALKWOOD ROAD Sold Prices

Land registry data shows two sales for 172 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 172 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
2024 12 JAN	£324,000	£401,056	19% below HPI
2017 6 OCT	£230,000	£314,559	27% below HPI

172 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 172 WALKWOOD ROAD sales from October 2017 and January 2024 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 2017 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the January 2024 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 172 WALKWOOD ROAD?

172 WALKWOOD ROAD is 93m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the smallest 30% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 172 WALKWOOD ROAD lies on this distribution: 27% of detached houses are smaller than 172 WALKWOOD ROAD, and 73% of houses are larger. Note that EPC data is not available for all properties in Redditch.

172 WALKWOOD ROAD: Plot and Title Map

172 WALKWOOD ROAD sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 172 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 172 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 172 WALKWOOD ROAD?

172 WALKWOOD ROAD is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 172 on WALKWOOD ROAD.