2, REDACRES, WOLVERHAMPTON, WV6 9PE - £325,000

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

2 REDACRES is a midsized extended detached house of 115m², built sometime between 1976 and 1982. It was last sold for £325,000 in January 2019, which was around 34% above the average January 2019 detached price in the Wolverhampton local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was B.

2 REDACRES Sold Prices

Land registry data shows two sales for 2 REDACRES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wolverhampton local authority area for the corresponding sale date. Both of the two 2 REDACRES 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
2019 4 JAN	£325,000	£242,209	34% above HPI
2016 29 JUN	£275,000	£214,411	28% above HPI

2 REDACRES 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 two 2 REDACRES sales from June 2016 and January 2019 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 June 2016 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the January 2019 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

How Large is 2 REDACRES?

2 REDACRES is 115m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the largest 50% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 2 REDACRES lies on this distribution: 59% of detached houses are smaller than 2 REDACRES, and 41% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

2 REDACRES: Plot and Title Map

2 REDACRES sits on a plot of roughly 0.127 of an acre, or 513m². The below map shows the location of 2 REDACRES, 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 2 REDACRES). 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 2 REDACRES?

2 REDACRES is located in WOLVERHAMPTON, in the WV6 postcode district. The below map shows the position of No. 2 on REDACRES.