12, REDWOOD WAY, BRIDLINGTON, YO16 7GY - £162,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 REDWOOD WAY is a very small detached house of 67m², built sometime between 1983 and 1990. It was last sold for £162,000 in August 2015, which was around 29% below the average August 2015 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

12 REDWOOD WAY Sold Prices

Land registry data shows two sales for 12 REDWOOD WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Riding of Yorkshire local authority area for the corresponding sale date. Both of the two 12 REDWOOD WAY 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
2015 3 AUG	£162,000	£226,715	29% below HPI
2013 29 NOV	£125,000	£212,083	41% below HPI

12 REDWOOD WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Riding of Yorkshire local authority area over time, sourced from the HPI. The two 12 REDWOOD WAY sales from November 2013 and August 2015 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 2013 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the August 2015 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 12 REDWOOD WAY?

12 REDWOOD WAY is 67m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 20% of detached houses in Bridlington, based on EPC data. The below chart shows the distribution of detached houses by size in Bridlington, and where 12 REDWOOD WAY lies on this distribution: 14% of detached houses are smaller than 12 REDWOOD WAY, and 86% of houses are larger. Note that EPC data is not available for all properties in Bridlington.

12 REDWOOD WAY: Plot and Title Map

12 REDWOOD WAY sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 12 REDWOOD WAY, 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 12 REDWOOD WAY). 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 12 REDWOOD WAY?

12 REDWOOD WAY is located in BRIDLINGTON, in the YO16 postcode district. The below map shows the position of No. 12 on REDWOOD WAY.