2, REDWOOD DRIVE, BLACKPOOL, FY4 5GJ - £375,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 REDWOOD DRIVE is a very large detached house of 150m², which could now be worth an estimated £405,892. It was last sold for £375,000 in August 2022, which was around 3% above the average August 2022 detached price in the Fylde local authority area. The most recent EPC inspection was February 2015, where the current energy rating was B, and the potential energy rating was A.

2 REDWOOD DRIVE Sold Prices

Land registry data shows two sales for 2 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 Fylde local authority area for the corresponding sale date. Both of the two 2 REDWOOD DRIVE 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
2022 26 AUG	£375,000	£363,382	3% above HPI
2015 11 SEP	£309,995	£277,789	12% above HPI

2 REDWOOD DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fylde local authority area over time, sourced from the HPI. The two 2 REDWOOD DRIVE sales from September 2015 and August 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 September 2015 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the August 2022 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 2 REDWOOD DRIVE be worth now?

2 REDWOOD DRIVE might now be worth an estimated £405,892.

This is based on house price inflation of 8.2%, between August 2022 and February 2025, for detached houses, in the Fylde local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.2% inflationary increase is applied to the most recent sale price for 2 REDWOOD DRIVE of £375,000 on 26th August 2022. For the value to have increased from £375,000 to £405,892 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 2 REDWOOD DRIVE has moved in line with the HPI for detached houses in the Fylde local authority area.
• The August 2022 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 2 REDWOOD DRIVE has not materially changed since August 2022.

How Large is 2 REDWOOD DRIVE?

2 REDWOOD DRIVE is 150m² according to the EPC inspection conducted in February 2015. This puts it in the largest 20% of detached houses houses in Blackpool, based on EPC data. The below chart shows the distribution of detached houses houses by size in Blackpool, and where 2 REDWOOD DRIVE lies on this distribution: 81% of detached houses houses are smaller than 2 REDWOOD DRIVE, and 19% of houses are larger. Note that EPC data is not available for all properties in Blackpool.

2 REDWOOD DRIVE: Plot and Title Map

2 REDWOOD DRIVE sits on a plot of roughly 0.269 of an acre, or 1,090m². The below map shows the location of 2 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 2 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 2 REDWOOD DRIVE?

2 REDWOOD DRIVE is located in BLACKPOOL, in the FY4 postcode district. The below map shows the position of No. 2 on REDWOOD DRIVE.