1, REDWOOD DRIVE, PLYMOUTH, PL7 2FS - £240,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 REDWOOD DRIVE is a midsized extended detached house of 113m², built sometime between 1983 and 1990. It was last sold for £240,000 in February 2013, which was around 5% below the average February 2013 detached price in the City of Plymouth local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.

1 REDWOOD DRIVE Sold Prices

Land registry data shows two sales for 1 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 City of Plymouth local authority area for the corresponding sale date. Both of the two 1 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
2013 1 FEB	£240,000	£252,550	5% below HPI
2005 17 JUN	£230,000	£233,525	2% below HPI

1 REDWOOD DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Plymouth local authority area over time, sourced from the HPI. The two 1 REDWOOD DRIVE sales from June 2005 and February 2013 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 June 2005 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the February 2013 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 1 REDWOOD DRIVE be worth now?

1 REDWOOD DRIVE might now be worth an estimated £378,015.

This is based on house price inflation of 57.5%, between February 2013 and December 2024, for detached houses, in the City of Plymouth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 57.5% inflationary increase is applied to the most recent sale price for 1 REDWOOD DRIVE of £240,000 on 1st February 2013. For the value to have increased from £240,000 to £378,015 over the ten years and two months to December 2024, the following assumptions must hold true:

• The value of 1 REDWOOD DRIVE has moved in line with the HPI for detached houses in the City of Plymouth local authority area.
• The February 2013 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 1 REDWOOD DRIVE has not materially changed since February 2013.

How Large is 1 REDWOOD DRIVE?

1 REDWOOD DRIVE is 113m², which includes one extension, according to the EPC inspection conducted in July 2011. This puts it in the largest 50% of detached houses houses in Plymouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Plymouth, and where 1 REDWOOD DRIVE lies on this distribution: 50% of detached houses houses are smaller than 1 REDWOOD DRIVE, and 49% of houses are larger. Note that EPC data is not available for all properties in Plymouth.

1 REDWOOD DRIVE: Plot and Title Map

1 REDWOOD DRIVE sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of 1 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 1 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 1 REDWOOD DRIVE?

1 REDWOOD DRIVE is located in PLYMOUTH, in the PL7 postcode district. The below map shows the position of No. 1 on REDWOOD DRIVE.