49, REDWOOD DRIVE, CHORLEY, PR7 3BW - £240,000

49 REDWOOD DRIVE is a large detached house of 140m², built sometime between 1996 and 2002. It was last sold for £240,000 in April 2019, which was around 8% below the average April 2019 detached price in the Chorley local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was B.

49 REDWOOD DRIVE Sold Prices

Land registry data shows three sales for 49 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 Chorley local authority area for the corresponding sale date. Two of the three 49 REDWOOD DRIVE sales were for below the average price, whilst one was 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
2019 18 APR	£240,000	£262,012	8% below HPI
2006 31 AUG	£218,000	£226,065	4% below HPI
2003 29 AUG	£197,600	£158,613	25% above HPI

49 REDWOOD DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chorley local authority area over time, sourced from the HPI. The three 49 REDWOOD DRIVE sales between August 2003 and April 2019 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 2006 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the April 2019 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 49 REDWOOD DRIVE?

49 REDWOOD DRIVE is 140m² according to the EPC inspection conducted in June 2012. This puts it in the largest 30% of detached houses in Chorley, based on EPC data. The below chart shows the distribution of detached houses by size in Chorley, and where 49 REDWOOD DRIVE lies on this distribution: 76% of detached houses are smaller than 49 REDWOOD DRIVE, and 23% of houses are larger. Note that EPC data is not available for all properties in Chorley.

49 REDWOOD DRIVE: Plot and Title Map

49 REDWOOD DRIVE sits on a plot of roughly 0.192 of an acre, or 779m². The below map shows the location of 49 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 49 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 49 REDWOOD DRIVE?

49 REDWOOD DRIVE is located in CHORLEY, in the PR7 postcode district. The below map shows the position of No. 49 on REDWOOD DRIVE.