54, REDWOOD ROAD, KINVER, STOURBRIDGE, DY7 6JF - £75,000

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

54 REDWOOD ROAD is a very small extended detached house of 84m², built sometime between 1967 and 1975. It was last sold for £75,000 in January 1997, which was around 20% below the average January 1997 detached price in the South Staffordshire local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was B.

54 REDWOOD ROAD Sold Prices

Land registry data shows two sales for 54 REDWOOD 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 South Staffordshire local authority area for the corresponding sale date. Both of the two 54 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
1997 24 JAN	£75,000	£93,919	20% below HPI
1996 8 JUL	£40,000	£90,530	56% below HPI

54 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 two 54 REDWOOD ROAD sales from July 1996 and January 1997 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 July 1996 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the January 1997 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 54 REDWOOD ROAD?

54 REDWOOD ROAD is 84m², which includes two extensions, according to the EPC inspection conducted in November 2023. This puts it in the smallest 20% of detached houses in Kinver, based on EPC data. The below chart shows the distribution of detached houses by size in Kinver, and where 54 REDWOOD ROAD lies on this distribution: 18% of detached houses are smaller than 54 REDWOOD ROAD, and 82% of houses are larger. Note that EPC data is not available for all properties in Kinver.

54 REDWOOD ROAD: Plot and Title Map

54 REDWOOD ROAD sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 54 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 54 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 54 REDWOOD ROAD?

54 REDWOOD ROAD is located in KINVER, in the DY7 postcode district. The below map shows the position of No. 54 on REDWOOD ROAD.