2, REDESWOOD AVENUE, THORNTON-CLEVELEYS, FY5 3QS - £165,000

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

2 REDESWOOD AVENUE is a very small extended semi-detached house of 74m², built sometime between 1930 and 1949. It was last sold for £165,000 in September 2022, which was around 28% below the average September 2022 detached price in the Blackpool local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

2 REDESWOOD AVENUE Sold Prices

Land registry data shows three sales for 2 REDESWOOD AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Blackpool local authority area for the corresponding sale date. All of the three 2 REDESWOOD AVENUE 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
2022 9 SEP	£165,000	£228,363	28% below HPI
2021 26 FEB	£130,000	£190,008	32% below HPI
2000 27 JUN	£68,000	£83,050	18% below HPI

2 REDESWOOD AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Blackpool local authority area over time, sourced from the HPI. The three 2 REDESWOOD AVENUE sales between June 2000 and September 2022 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 February 2021 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the September 2022 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 2 REDESWOOD AVENUE?

2 REDESWOOD AVENUE is 74m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the smallest 10% of detached houses in Blackpool, based on EPC data. The below chart shows the distribution of detached houses by size in Blackpool, and where 2 REDESWOOD AVENUE lies on this distribution: 8% of detached houses are smaller than 2 REDESWOOD AVENUE, and 91% of houses are larger. Note that EPC data is not available for all properties in Blackpool.

2 REDESWOOD AVENUE: Plot and Title Map

2 REDESWOOD AVENUE sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 2 REDESWOOD AVENUE, 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 2 REDESWOOD AVENUE). 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 2 REDESWOOD AVENUE?

2 REDESWOOD AVENUE is located in THORNTON-CLEVELEYS, in the FY5 postcode district. The below map shows the position of No. 2 on REDESWOOD AVENUE.