5, REDACRES, WOLVERHAMPTON, WV6 9PE - £289,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 REDACRES is a large detached house of 118m², built sometime between 1967 and 1975, which could now be worth an estimated £499,165. It was last sold for £289,500 in November 2009, which was around 56% above the average November 2009 detached price in the Wolverhampton local authority area. The most recent EPC inspection was February 2009, where the current energy rating was D, and the potential energy rating was C.

5 REDACRES Sold Prices

Land registry data shows two sales for 5 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 5 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
2009 4 NOV	£289,500	£185,696	56% above HPI
2008 8 SEP	£220,000	£194,635	13% above HPI

5 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 5 REDACRES sales from September 2008 and November 2009 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 September 2008 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the November 2009 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

What might 5 REDACRES be worth now?

5 REDACRES might now be worth an estimated £499,165.

This is based on house price inflation of 72.4%, between November 2009 and June 2025, for detached houses, in the Wolverhampton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 72.4% inflationary increase is applied to the most recent sale price for 5 REDACRES of £289,500 on 4th November 2009. For the value to have increased from £289,500 to £499,165 over the sixteen years and five months to June 2025, the following assumptions must hold true:

• The value of 5 REDACRES has moved in line with the HPI for detached houses in the Wolverhampton local authority area.
• The November 2009 sale price of £289,500 represented a fair market value for the property.
• The size, condition, and specification of 5 REDACRES has not materially changed since November 2009.

How Large is 5 REDACRES?

5 REDACRES is 118m² according to the EPC inspection conducted in February 2009. This puts it in the largest 40% of detached houses houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wolverhampton, and where 5 REDACRES lies on this distribution: 61% of detached houses houses are smaller than 5 REDACRES, and 39% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

5 REDACRES: Plot and Title Map

5 REDACRES sits on a plot of roughly 0.122 of an acre, or 492m². The below map shows the location of 5 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 5 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 5 REDACRES?

5 REDACRES is located in WOLVERHAMPTON, in the WV6 postcode district. The below map shows the position of No. 5 on REDACRES.