58, REDWOOD ROAD, KINVER, STOURBRIDGE, DY7 6JF - £224,500

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

58 REDWOOD ROAD is a very small extended detached house of 73m², built sometime between 1967 and 1975. It was last sold for £224,500 in May 2014, which was around 10% below the average May 2014 detached price in the South Staffordshire local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was C.

58 REDWOOD ROAD Sold Prices

Land registry data shows three sales for 58 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. Two of the three 58 REDWOOD ROAD sales were for below the average price, whilst one was 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
2014 23 MAY	£224,500	£250,161	10% below HPI
2011 19 AUG	£240,000	£245,819	2% below HPI
2002 15 APR	£163,000	£147,420	11% above HPI

58 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 58 REDWOOD ROAD sales between April 2002 and May 2014 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 August 2011 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the May 2014 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 58 REDWOOD ROAD?

58 REDWOOD ROAD is 73m², which includes one extension, according to the EPC inspection conducted in April 2014. 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 58 REDWOOD ROAD lies on this distribution: 12% of detached houses are smaller than 58 REDWOOD ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Kinver.

58 REDWOOD ROAD: Plot and Title Map

58 REDWOOD ROAD sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 58 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 58 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 58 REDWOOD ROAD?

58 REDWOOD ROAD is located in KINVER, in the DY7 postcode district. The below map shows the position of No. 58 on REDWOOD ROAD.