12, REDWOOD, WEST BRIDGFORD, NOTTINGHAM, NG2 7UL - £550,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

12 REDWOOD is a midsized extended detached house of 129m², built sometime between 1991 and 1995. It was last sold for £550,000 in July 2020, which was around 38% above the average July 2020 detached price in the Rushcliffe local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

12 REDWOOD Sold Prices

Land registry data shows two sales for 12 REDWOOD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. Both of the two 12 REDWOOD 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
2020 7 JUL	£550,000	£399,712	38% above HPI
2014 27 JUN	£405,000	£286,750	41% above HPI

12 REDWOOD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The two 12 REDWOOD sales from June 2014 and July 2020 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 2014 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the July 2020 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is 12 REDWOOD?

12 REDWOOD is 129m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the largest 50% of detached houses in West Bridgford, based on EPC data. The below chart shows the distribution of detached houses by size in West Bridgford, and where 12 REDWOOD lies on this distribution: 59% of detached houses are smaller than 12 REDWOOD, and 41% of houses are larger. Note that EPC data is not available for all properties in West Bridgford.

12 REDWOOD: Plot and Title Map

12 REDWOOD sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 12 REDWOOD, 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). 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?

12 REDWOOD is located in WEST BRIDGFORD, in the NG2 postcode district. The below map shows the position of No. 12 on REDWOOD.