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

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

5 REDACRES is a large detached house of 118m², built sometime between 1967 and 1975. It was last sold for £289,500 in November 2009, which was around 52% 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	£190,674	52% above HPI
2008 8 SEP	£220,000	£199,852	10% 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 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the November 2009 sale, where it rises to 52% above the HPI. The line then continues to track at 52% above the HPI.

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 in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 5 REDACRES lies on this distribution: 61% of detached 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.