16, REDLAKE ROAD, STOURBRIDGE, DY9 0RY - £330,000

16 REDLAKE ROAD is a very small extended detached house of 80m², built sometime between 1950 and 1966. It was last sold for £330,000 in July 2015, which was around 52% above the average July 2015 detached price in the Dudley local authority area. The most recent EPC inspection was September 2011, where the current energy rating was E, and the potential energy rating was D.

16 REDLAKE ROAD Sold Prices

Land registry data shows four sales for 16 REDLAKE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Dudley local authority area for the corresponding sale date. All of the four 16 REDLAKE ROAD 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
2015 17 JUL	£330,000	£217,678	52% above HPI
2014 23 MAY	£324,950	£206,301	58% above HPI
2002 6 DEC	£215,000	£148,186	45% above HPI
2000 7 MAR	£120,000	£95,455	26% above HPI

16 REDLAKE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Dudley local authority area over time, sourced from the HPI. The four 16 REDLAKE ROAD sales between March 2000 and July 2015 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 May 2014 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the July 2015 sale, where it falls to 52% above the HPI. The line then continues to track at 52% above the HPI.

How Large is 16 REDLAKE ROAD?

16 REDLAKE ROAD is 80m², which includes one extension, according to the EPC inspection conducted in September 2011. This puts it in the smallest 20% of detached houses in Stourbridge, based on EPC data. The below chart shows the distribution of detached houses by size in Stourbridge, and where 16 REDLAKE ROAD lies on this distribution: 12% of detached houses are smaller than 16 REDLAKE ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Stourbridge.

16 REDLAKE ROAD: Plot and Title Map

16 REDLAKE ROAD sits on a plot of roughly 0.120 of an acre, or 485m². The below map shows the location of 16 REDLAKE 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 16 REDLAKE 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 16 REDLAKE ROAD?

16 REDLAKE ROAD is located in STOURBRIDGE, in the DY9 postcode district. The below map shows the position of No. 16 on REDLAKE ROAD.