28, REDWOOD WAY, WILLENHALL, WV12 5YL - £133,000

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

28 REDWOOD WAY is a small extended semi-detached house of 86m², built sometime between 1983 and 1990. It was last sold for £133,000 in February 2008, which was around 37% below the average February 2008 detached price in the Wolverhampton local authority area. The most recent EPC inspection was November 2018, where the current energy rating was C, and the potential energy rating was B.

28 REDWOOD WAY Sold Prices

Land registry data shows two sales for 28 REDWOOD WAY 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 28 REDWOOD WAY 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
2008 29 FEB	£133,000	£212,298	37% below HPI
1998 11 DEC	£49,000	£77,275	37% below HPI

28 REDWOOD WAY 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 28 REDWOOD WAY sales from December 1998 and February 2008 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 December 1998 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the February 2008 sale, which was also at 37% below the HPI.

How Large is 28 REDWOOD WAY?

28 REDWOOD WAY is 86m², which includes two extensions, according to the EPC inspection conducted in November 2018. This puts it in the smallest 30% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 28 REDWOOD WAY lies on this distribution: 25% of detached houses are smaller than 28 REDWOOD WAY, and 74% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

28 REDWOOD WAY: Plot and Title Map

28 REDWOOD WAY sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 28 REDWOOD 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 28 REDWOOD 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 28 REDWOOD WAY?

28 REDWOOD WAY is located in WILLENHALL, in the WV12 postcode district. The below map shows the position of No. 28 on REDWOOD WAY.