50, REDWOOD DRIVE, LONGRIDGE, PRESTON, PR3 3HA - £315,000

50 REDWOOD DRIVE is a midsized detached house of 120m², built sometime between 1996 and 2002. It was last sold for £315,000 in January 2023, which was around 26% below the average January 2023 detached price in the Ribble Valley local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was C.

50 REDWOOD DRIVE Sold Prices

Land registry data shows two sales for 50 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 Ribble Valley local authority area for the corresponding sale date. One of the two 50 REDWOOD DRIVE sales was for below the average price, whilst the other 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
2023 26 JAN	£315,000	£424,234	26% below HPI
1997 28 NOV	£114,600	£105,855	8% above HPI

50 REDWOOD DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ribble Valley local authority area over time, sourced from the HPI. The two 50 REDWOOD DRIVE sales from November 1997 and January 2023 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 November 1997 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the January 2023 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 50 REDWOOD DRIVE?

50 REDWOOD DRIVE is 120m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 50% of detached houses in Longridge, based on EPC data. The below chart shows the distribution of detached houses by size in Longridge, and where 50 REDWOOD DRIVE lies on this distribution: 48% of detached houses are smaller than 50 REDWOOD DRIVE, and 52% of houses are larger. Note that EPC data is not available for all properties in Longridge.

50 REDWOOD DRIVE: Plot and Title Map

50 REDWOOD DRIVE sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 50 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 50 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 50 REDWOOD DRIVE?

50 REDWOOD DRIVE is located in LONGRIDGE, in the PR3 postcode district. The below map shows the position of No. 50 on REDWOOD DRIVE.