50A, REDWOOD ROAD, KINVER, STOURBRIDGE, DY7 6JR - £255,000

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

50A REDWOOD ROAD is a very small detached house of 62m². It was last sold for £255,000 in October 2019, which was around 23% below the average October 2019 detached price in the South Staffordshire local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

50A REDWOOD ROAD Sold Prices

Land registry data shows three sales for 50A REDWOOD 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 South Staffordshire local authority area for the corresponding sale date. All of the three 50A REDWOOD ROAD 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
2019 31 OCT	£255,000	£332,663	23% below HPI
2016 20 APR	£245,000	£277,573	12% below HPI
2010 16 DEC	£249,999	£257,150	3% below HPI

50A REDWOOD ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Staffordshire local authority area over time, sourced from the HPI. The three 50A REDWOOD ROAD sales between December 2010 and October 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 April 2016 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the October 2019 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 50A REDWOOD ROAD?

50A REDWOOD ROAD is 62m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 10% of detached houses in Kinver, based on EPC data. The below chart shows the distribution of detached houses by size in Kinver, and where 50A REDWOOD ROAD lies on this distribution: 4% of detached houses are smaller than 50A REDWOOD ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Kinver.

50A REDWOOD ROAD: Plot and Title Map

50A REDWOOD ROAD sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of 50A REDWOOD 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 50A REDWOOD 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 50A REDWOOD ROAD?

50A REDWOOD ROAD is located in KINVER, in the DY7 postcode district. The below map shows the position of No. 50A on REDWOOD ROAD.