2A, REDHOUSE ROAD, WOLVERHAMPTON, WV6 8ST - £275,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2A REDHOUSE ROAD is a large detached house of 123m², built sometime between 1950 and 1966. It was last sold for £275,000 in July 2019, which was around 13% above the average July 2019 detached price in the Wolverhampton local authority area. The most recent EPC inspection was February 2010, where the current energy rating was C, and the potential energy rating was C.

2A REDHOUSE ROAD Sold Prices

Land registry data shows three sales for 2A 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 2A 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
2019 3 JUL	£275,000	£242,694	13% above HPI
2012 10 OCT	£235,000	£183,285	28% above HPI
2005 7 SEP	£245,000	£190,633	29% above HPI

2A 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 2A REDHOUSE ROAD sales between September 2005 and July 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 October 2012 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the July 2019 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 2A REDHOUSE ROAD?

2A REDHOUSE ROAD is 123m² according to the EPC inspection conducted in February 2010. This puts it in the largest 40% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 2A REDHOUSE ROAD lies on this distribution: 65% of detached houses are smaller than 2A REDHOUSE ROAD, and 35% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

2A REDHOUSE ROAD: Plot and Title Map

2A REDHOUSE ROAD sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 2A 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 2A 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 2A REDHOUSE ROAD?

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