52, REDWOOD WAY, WILLENHALL, WV12 5YL - £194,950

52 REDWOOD WAY is a small extended detached house of 83m², built sometime between 1983 and 1990. It was last sold for £194,950 in August 2016, which was around 10% below the average August 2016 detached price in the Wolverhampton local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

52 REDWOOD WAY Sold Prices

Land registry data shows two sales for 52 REDWOOD WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wolverhampton local authority area for the corresponding sale date. Both of the two 52 REDWOOD WAY sales were for below 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
2016 17 AUG	£194,950	£217,184	10% below HPI
1997 18 APR	£69,950	£71,704	2% below HPI

52 REDWOOD WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wolverhampton local authority area over time, sourced from the HPI. The two 52 REDWOOD WAY sales from April 1997 and August 2016 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 April 1997 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the August 2016 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 52 REDWOOD WAY?

52 REDWOOD WAY is 83m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the smallest 30% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 52 REDWOOD WAY lies on this distribution: 21% of detached houses are smaller than 52 REDWOOD WAY, and 78% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

52 REDWOOD WAY: Plot and Title Map

52 REDWOOD WAY sits on a plot of roughly 0.105 of an acre, or 425m². The below map shows the location of 52 REDWOOD 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 52 REDWOOD 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 52 REDWOOD WAY?

52 REDWOOD WAY is located in WILLENHALL, in the WV12 postcode district. The below map shows the position of No. 52 on REDWOOD WAY.