15, REDWOOD DRIVE, PLYMOUTH, PL7 2FS - £275,000

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

15 REDWOOD DRIVE is a small detached house of 99m², built sometime between 1983 and 1990. It was last sold for £275,000 in November 2016, which was around 7% below the average November 2016 detached price in the City of Plymouth local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was C.

15 REDWOOD DRIVE Sold Prices

Land registry data shows two sales for 15 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. One of the two 15 REDWOOD DRIVE sales was for below the average price, whilst the other was roughly equal to 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 24 NOV	£275,000	£294,190	7% below HPI
2006 21 APR	£239,950	£239,446	Close to HPI

15 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 15 REDWOOD DRIVE sales from April 2006 and November 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 April 2006 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the November 2016 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 15 REDWOOD DRIVE?

15 REDWOOD DRIVE is 99m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 40% of detached houses in Plymouth, based on EPC data. The below chart shows the distribution of detached houses by size in Plymouth, and where 15 REDWOOD DRIVE lies on this distribution: 34% of detached houses are smaller than 15 REDWOOD DRIVE, and 65% of houses are larger. Note that EPC data is not available for all properties in Plymouth.

15 REDWOOD DRIVE: Plot and Title Map

15 REDWOOD DRIVE sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 15 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 15 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 15 REDWOOD DRIVE?

15 REDWOOD DRIVE is located in PLYMOUTH, in the PL7 postcode district. The below map shows the position of No. 15 on REDWOOD DRIVE.