2, REDWING DRIVE, CHORLEY, PR7 2RH - £190,000

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

2 REDWING DRIVE is a small detached house of 91m², built sometime between 2003 and 2006, which could now be worth an estimated £237,627. It was last sold for £190,000 in February 2019, which was around 27% below the average February 2019 detached price in the Chorley local authority area. The most recent EPC inspection was January 2018, where the current energy rating was C, and the potential energy rating was B.

2 REDWING DRIVE Sold Prices

Land registry data shows two sales for 2 REDWING 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 Chorley local authority area for the corresponding sale date. Both of the two 2 REDWING 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
2019 22 FEB	£190,000	£259,576	27% below HPI
2005 7 OCT	£178,500	£202,869	12% below HPI

2 REDWING DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chorley local authority area over time, sourced from the HPI. The two 2 REDWING DRIVE sales from October 2005 and February 2019 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 October 2005 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the February 2019 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 2 REDWING DRIVE be worth now?

2 REDWING DRIVE might now be worth an estimated £237,627.

This is based on house price inflation of 25.1%, between February 2019 and February 2025, for detached houses, in the Chorley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 25.1% inflationary increase is applied to the most recent sale price for 2 REDWING DRIVE of £190,000 on 22nd February 2019. For the value to have increased from £190,000 to £237,627 over the six years to February 2025, the following assumptions must hold true:

• The value of 2 REDWING DRIVE has moved in line with the HPI for detached houses in the Chorley local authority area.
• The February 2019 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 2 REDWING DRIVE has not materially changed since February 2019.

How Large is 2 REDWING DRIVE?

2 REDWING DRIVE is 91m² according to the EPC inspection conducted in January 2018. This puts it in the smallest 30% of detached houses houses in Chorley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chorley, and where 2 REDWING DRIVE lies on this distribution: 23% of detached houses houses are smaller than 2 REDWING DRIVE, and 76% of houses are larger. Note that EPC data is not available for all properties in Chorley.

2 REDWING DRIVE: Plot and Title Map

2 REDWING DRIVE sits on a plot of roughly 0.212 of an acre, or 856m². The below map shows the location of 2 REDWING 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 2 REDWING 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 2 REDWING DRIVE?

2 REDWING DRIVE is located in CHORLEY, in the PR7 postcode district. The below map shows the position of No. 2 on REDWING DRIVE.