4, REDHOUSE ROAD, WOLVERHAMPTON, WV6 8ST - £335,000

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

4 REDHOUSE ROAD is a small detached house of 95m², built sometime between 1976 and 1982. It was last sold for £335,000 in February 2021, which was around 25% above the average February 2021 detached price in the Wolverhampton local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was C.

4 REDHOUSE ROAD Sold Prices

Land registry data shows two sales for 4 REDHOUSE 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 Wolverhampton local authority area for the corresponding sale date. Both of the two 4 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
2021 19 FEB	£335,000	£267,195	25% above HPI
2005 14 NOV	£275,000	£194,440	41% above HPI

4 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 two 4 REDHOUSE ROAD sales from November 2005 and February 2021 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 2005 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the February 2021 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 4 REDHOUSE ROAD?

4 REDHOUSE ROAD is 95m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 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 4 REDHOUSE ROAD lies on this distribution: 35% of detached houses are smaller than 4 REDHOUSE ROAD, and 64% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

4 REDHOUSE ROAD: Plot and Title Map

4 REDHOUSE ROAD sits on a plot of roughly 0.133 of an acre, or 537m². The below map shows the location of 4 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 4 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 4 REDHOUSE ROAD?

4 REDHOUSE ROAD is located in WOLVERHAMPTON, in the WV6 postcode district. The below map shows the position of No. 4 on REDHOUSE ROAD.