REDWOOD, VANITY LANE, OULTON, STONE, ST15 8UG - £392,000

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

REDWOOD is a midsized extended detached house of 132m², built sometime between 1967 and 1975. It was last sold for £392,000 in November 2020, which was around 25% above the average November 2020 detached price in the Stafford local authority area. The most recent EPC inspection was November 2017, where the current energy rating was E, and the potential energy rating was C.

REDWOOD Sold Prices

Land registry data shows three sales for REDWOOD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Stafford local authority area for the corresponding sale date. All of the three REDWOOD 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
2020 20 NOV	£392,000	£314,691	25% above HPI
2018 22 MAR	£350,000	£282,667	24% above HPI
1998 2 FEB	£110,000	£87,295	26% above HPI

REDWOOD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stafford local authority area over time, sourced from the HPI. The three REDWOOD sales between February 1998 and November 2020 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 March 2018 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the November 2020 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is REDWOOD?

REDWOOD is 132m², which includes one extension, according to the EPC inspection conducted in November 2017. This puts it in the largest 50% of detached houses in Oulton, based on EPC data. The below chart shows the distribution of detached houses by size in Oulton, and where REDWOOD lies on this distribution: 58% of detached houses are smaller than REDWOOD, and 42% of houses are larger. Note that EPC data is not available for all properties in Oulton.

REDWOOD: Plot and Title Map

REDWOOD sits on a plot of roughly 0.134 of an acre, or 544m². The below map shows the location of REDWOOD, 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 REDWOOD). 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 REDWOOD?

REDWOOD is located on VANITY LANE in OULTON, in the ST15 postcode district. The below map shows the position of REDWOOD on VANITY LANE.