45, REDWOOD DRIVE, LAINDON, BASILDON, SS15 4AF - £397,000

45 REDWOOD DRIVE is a small detached house of 101m², built sometime between 1996 and 2002. It was last sold for £397,000 in August 2018, which was around 29% below the average August 2018 detached price in the Basildon local authority area. The most recent EPC inspection was October 2017, where the current energy rating was E, and the potential energy rating was C.

45 REDWOOD DRIVE Sold Prices

Land registry data shows three sales for 45 REDWOOD DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. All of the three 45 REDWOOD DRIVE 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
2018 13 AUG	£397,000	£560,750	29% below HPI
1999 3 SEP	£115,000	£141,501	19% below HPI
1996 11 OCT	£91,995	£105,457	13% below HPI

45 REDWOOD DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Basildon local authority area over time, sourced from the HPI. The three 45 REDWOOD DRIVE sales between October 1996 and August 2018 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 September 1999 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2018 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 45 REDWOOD DRIVE?

45 REDWOOD DRIVE is 101m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 40% of detached houses in Basildon, based on EPC data. The below chart shows the distribution of detached houses by size in Basildon, and where 45 REDWOOD DRIVE lies on this distribution: 32% of detached houses are smaller than 45 REDWOOD DRIVE, and 67% of houses are larger. Note that EPC data is not available for all properties in Basildon.

45 REDWOOD DRIVE: Plot and Title Map

45 REDWOOD DRIVE sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 45 REDWOOD 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 45 REDWOOD 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 45 REDWOOD DRIVE?

45 REDWOOD DRIVE is located in LAINDON, in the SS15 postcode district. The below map shows the position of No. 45 on REDWOOD DRIVE.