5, REDWOOD DRIVE, COTTAM, PRESTON, PR4 0EX - £272,000

5 REDWOOD DRIVE is a small detached house of 107m². It was last sold for £272,000 in December 2021, which was around 1% above the average December 2021 detached price in the Preston local authority area. The most recent EPC inspection was January 2018, where the current energy rating was B, and the potential energy rating was B.

5 REDWOOD DRIVE Sold Prices

Land registry data shows two sales for 5 REDWOOD DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Preston local authority area for the corresponding sale date. Both of the two 5 REDWOOD 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
2021 3 DEC	£272,000	£270,596	1% above HPI
2018 26 JAN	£275,750	£232,224	19% above HPI

5 REDWOOD DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Preston local authority area over time, sourced from the HPI. The two 5 REDWOOD DRIVE sales from January 2018 and December 2021 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 January 2018 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the December 2021 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 5 REDWOOD DRIVE?

5 REDWOOD DRIVE is 107m² according to the EPC inspection conducted in January 2018. This puts it in the smallest 40% of detached houses in Cottam, based on EPC data. The below chart shows the distribution of detached houses by size in Cottam, and where 5 REDWOOD DRIVE lies on this distribution: 34% of detached houses are smaller than 5 REDWOOD DRIVE, and 62% of houses are larger. Note that EPC data is not available for all properties in Cottam.

5 REDWOOD DRIVE: Plot and Title Map

5 REDWOOD DRIVE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 5 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 5 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 5 REDWOOD DRIVE?

5 REDWOOD DRIVE is located in COTTAM, in the PR4 postcode district. The below map shows the position of No. 5 on REDWOOD DRIVE.