16, REDLANDS WAY, SUTTON COLDFIELD, B74 3ET - £565,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 REDLANDS WAY is a small detached house of 101m², built sometime between 1967 and 1975, which could now be worth an estimated £634,031. It was last sold for £565,000 in March 2022, which was around 80% above the average March 2022 detached price in the Walsall local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was B.

16 REDLANDS WAY Sold Prices

Land registry data shows three sales for 16 REDLANDS WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Walsall local authority area for the corresponding sale date. All of the three 16 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
2022 11 MAR	£565,000	£313,048	80% above HPI
2019 29 NOV	£447,500	£270,902	65% above HPI
2006 20 JUN	£248,000	£206,707	20% above HPI

16 REDLANDS WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Walsall local authority area over time, sourced from the HPI. The three 16 REDLANDS WAY sales between June 2006 and March 2022 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 November 2019 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the March 2022 sale, where it rises to 80% above the HPI. The line then continues to track at 80% above the HPI.

What might 16 REDLANDS WAY be worth now?

16 REDLANDS WAY might now be worth an estimated £634,031.

This is based on house price inflation of 12.2%, between March 2022 and June 2025, for detached houses, in the Walsall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.2% inflationary increase is applied to the most recent sale price for 16 REDLANDS WAY of £565,000 on 11th March 2022. For the value to have increased from £565,000 to £634,031 over the two years and nine months to June 2025, the following assumptions must hold true:

• The value of 16 REDLANDS WAY has moved in line with the HPI for detached houses in the Walsall local authority area.
• The March 2022 sale price of £565,000 represented a fair market value for the property.
• The size, condition, and specification of 16 REDLANDS WAY has not materially changed since March 2022.

How Large is 16 REDLANDS WAY?

16 REDLANDS WAY is 101m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 30% of detached houses houses in Streetly, based on EPC data. The below chart shows the distribution of detached houses houses by size in Streetly, and where 16 REDLANDS WAY lies on this distribution: 23% of detached houses houses are smaller than 16 REDLANDS WAY, and 76% of houses are larger. Note that EPC data is not available for all properties in Streetly.

16 REDLANDS WAY: Plot and Title Map

16 REDLANDS WAY sits on a plot of roughly 0.119 of an acre, or 480m². The below map shows the location of 16 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 16 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.

Where is 16 REDLANDS WAY?

16 REDLANDS WAY is located in SUTTON COLDFIELD, in the B74 postcode district. The below map shows the position of No. 16 on REDLANDS WAY.