1, REDWING DRIVE, CHORLEY, PR7 2RH - £178,000

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.

1 REDWING DRIVE is a small semi-detached house of 102m², built sometime between 2003 and 2006, which could now be worth an estimated £234,647. It was last sold for £178,000 in May 2020, which was around 14% above the average May 2020 semi-detached price in the Chorley local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

1 REDWING DRIVE Sold Prices

Land registry data shows three sales for 1 REDWING DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Chorley local authority area for the corresponding sale date. All of the three 1 REDWING DRIVE 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 29 MAY	£178,000	£156,581	14% above HPI
2006 26 MAY	£173,500	£127,647	36% above HPI
2004 19 MAY	£143,803	£106,277	35% above HPI

1 REDWING DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Chorley local authority area over time, sourced from the HPI. The three 1 REDWING DRIVE sales between May 2004 and May 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 May 2006 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the May 2020 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 1 REDWING DRIVE be worth now?

1 REDWING DRIVE might now be worth an estimated £234,647.

This is based on house price inflation of 31.8%, between May 2020 and August 2025, for semi-detached houses, in the Chorley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 31.8% inflationary increase is applied to the most recent sale price for 1 REDWING DRIVE of £178,000 on 29th May 2020. For the value to have increased from £178,000 to £234,647 over the four years and nine months to August 2025, the following assumptions must hold true:

• The value of 1 REDWING DRIVE has moved in line with the HPI for semi-detached houses in the Chorley local authority area.
• The May 2020 sale price of £178,000 represented a fair market value for the property.
• The size, condition, and specification of 1 REDWING DRIVE has not materially changed since May 2020.

How Large is 1 REDWING DRIVE?

1 REDWING DRIVE is 102m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 40% of semi-detached houses houses in Chorley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Chorley, and where 1 REDWING DRIVE lies on this distribution: 34% of semi-detached houses houses are smaller than 1 REDWING DRIVE, and 64% of houses are larger. Note that EPC data is not available for all properties in Chorley.

1 REDWING DRIVE: Plot and Title Map

1 REDWING DRIVE sits on a plot of roughly 0.044 of an acre, or 180m². The below map shows the location of 1 REDWING DRIVE, 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 1 REDWING DRIVE). 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 1 REDWING DRIVE?

1 REDWING DRIVE is located in CHORLEY, in the PR7 postcode district. The below map shows the position of No. 1 on REDWING DRIVE.