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
6 REDLANDS WAY is a very small extended detached house of 57m², built sometime between 1967 and 1975. It was last sold for £296,000 in November 2011, which was around 45% above the average November 2011 detached price in the Walsall local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows four sales for 6 REDLANDS WAY since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Walsall local authority area for the corresponding sale date. Most of the four 6 REDLANDS WAY 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 |
---|---|---|---|
2011 21 NOV | £296,000 | £203,664 | 45% above HPI |
2004 29 OCT | £355,000 | £199,812 | 78% above HPI |
2003 10 SEP | £220,000 | £169,199 | 30% above HPI |
2000 12 JUL | £60,000 | £100,675 | 40% below HPI |
The below graph shows the average detached house price in the Walsall local authority area over time, sourced from the HPI. The four 6 REDLANDS WAY sales between July 2000 and November 2011 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 October 2004 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the November 2011 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.
6 REDLANDS WAY is 57m², which includes one extension, according to the EPC inspection conducted in July 2011. This puts it in the smallest 10% of detached houses in Streetly, based on EPC data. The below chart shows the distribution of detached houses by size in Streetly, and where 6 REDLANDS WAY lies on this distribution: Less than 1% of detached houses are smaller than 6 REDLANDS WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Streetly.
6 REDLANDS WAY sits on a plot of roughly 0.113 of an acre, or 456m². The below map shows the location of 6 REDLANDS WAY, 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 6 REDLANDS WAY). 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.
6 REDLANDS WAY is located in SUTTON COLDFIELD, in the B74 postcode district. The below map shows the position of No. 6 on REDLANDS WAY.