54, REDWOOD DRIVE, CHORLEY, PR7 3BW - £135,000

54 REDWOOD DRIVE is a very small extended semi-detached house of 82m², built sometime between 2003 and 2006. It was last sold for £135,000 in August 2016, which was around 45% below the average August 2016 detached price in the Chorley local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

54 REDWOOD DRIVE Sold Prices

Land registry data shows four sales for 54 REDWOOD DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chorley local authority area for the corresponding sale date. All of the four 54 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
2016 26 AUG	£135,000	£245,677	45% below HPI
2008 10 NOV	£169,950	£219,170	22% below HPI
2004 18 JUN	£135,000	£188,729	28% below HPI
2003 22 OCT	£104,200	£162,116	36% below HPI

54 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 four 54 REDWOOD DRIVE sales between October 2003 and August 2016 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 2008 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the August 2016 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 54 REDWOOD DRIVE?

54 REDWOOD DRIVE is 82m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the smallest 20% of detached houses in Chorley, based on EPC data. The below chart shows the distribution of detached houses by size in Chorley, and where 54 REDWOOD DRIVE lies on this distribution: 14% of detached houses are smaller than 54 REDWOOD DRIVE, and 86% of houses are larger. Note that EPC data is not available for all properties in Chorley.

54 REDWOOD DRIVE: Plot and Title Map

54 REDWOOD DRIVE sits on a plot of roughly 0.900 of an acre, or 3,640m². The below map shows the location of 54 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 54 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 54 REDWOOD DRIVE?

54 REDWOOD DRIVE is located in CHORLEY, in the PR7 postcode district. The below map shows the position of No. 54 on REDWOOD DRIVE.