2, REDWOOD, WEST BRIDGFORD, NOTTINGHAM, NG2 7UL - £335,000

2 REDWOOD is a midsized extended detached house of 126m², built sometime between 1983 and 1990. It was last sold for £335,000 in January 2008, which was around 18% above the average January 2008 detached price in the Rushcliffe local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was B.

2 REDWOOD Sold Prices

Land registry data shows three sales for 2 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 Rushcliffe local authority area for the corresponding sale date. All of the three 2 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
2008 4 JAN	£335,000	£284,950	18% above HPI
1998 14 AUG	£148,000	£109,713	35% above HPI
1996 8 NOV	£137,500	£93,479	47% above HPI

2 REDWOOD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The three 2 REDWOOD sales between November 1996 and January 2008 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 August 1998 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the January 2008 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 2 REDWOOD?

2 REDWOOD is 126m², which includes one extension, according to the EPC inspection conducted in December 2015. This puts it in the largest 50% of detached houses in West Bridgford, based on EPC data. The below chart shows the distribution of detached houses by size in West Bridgford, and where 2 REDWOOD lies on this distribution: 56% of detached houses are smaller than 2 REDWOOD, and 44% of houses are larger. Note that EPC data is not available for all properties in West Bridgford.

2 REDWOOD: Plot and Title Map

2 REDWOOD sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of 2 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 2 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 2 REDWOOD?

2 REDWOOD is located in WEST BRIDGFORD, in the NG2 postcode district. The below map shows the position of No. 2 on REDWOOD.