2, REDWOOD DRIVE, WING, LEIGHTON BUZZARD, LU7 0TA - £445,000

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

2 REDWOOD DRIVE is a small detached house of 114m², built sometime between 1950 and 1966. It was last sold for £445,000 in July 2017, which was around 37% below the average July 2017 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was B.

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 Buckinghamshire local authority area for the corresponding sale date. Both of the two 2 REDWOOD 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
2017 13 JUL	£445,000	£709,275	37% below HPI
1995 15 AUG	£107,000	£152,754	30% below HPI

2 REDWOOD DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Buckinghamshire local authority area over time, sourced from the HPI. The two 2 REDWOOD DRIVE sales from August 1995 and July 2017 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 August 1995 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the July 2017 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 2 REDWOOD DRIVE?

2 REDWOOD DRIVE is 114m² according to the EPC inspection conducted in December 2016. This puts it in the smallest 40% of detached houses in Wing, based on EPC data. The below chart shows the distribution of detached houses by size in Wing, and where 2 REDWOOD DRIVE lies on this distribution: 39% of detached houses are smaller than 2 REDWOOD DRIVE, and 61% of houses are larger. Note that EPC data is not available for all properties in Wing.

2 REDWOOD DRIVE: Plot and Title Map

2 REDWOOD DRIVE sits on a plot of roughly 0.099 of an acre, or 401m². 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 WING, in the LU7 postcode district. The below map shows the position of No. 2 on REDWOOD DRIVE.