22, REDWOOD WAY, BRIDLINGTON, YO16 7GY - £195,000

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

22 REDWOOD WAY is a very small detached house of 62m², built sometime between 1983 and 1990. It was last sold for £195,000 in May 2020, which was around 27% below the average May 2020 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was January 2016, where the current energy rating was E, and the potential energy rating was B.

22 REDWOOD WAY Sold Prices

Land registry data shows two sales for 22 REDWOOD WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Riding of Yorkshire local authority area for the corresponding sale date. Both of the two 22 REDWOOD WAY 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
2020 29 MAY	£195,000	£266,490	27% below HPI
2016 30 MAR	£164,000	£233,239	30% below HPI

22 REDWOOD WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Riding of Yorkshire local authority area over time, sourced from the HPI. The two 22 REDWOOD WAY sales from March 2016 and May 2020 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 March 2016 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the May 2020 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 22 REDWOOD WAY?

22 REDWOOD WAY is 62m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 10% of detached houses in Bridlington, based on EPC data. The below chart shows the distribution of detached houses by size in Bridlington, and where 22 REDWOOD WAY lies on this distribution: 9% of detached houses are smaller than 22 REDWOOD WAY, and 91% of houses are larger. Note that EPC data is not available for all properties in Bridlington.

22 REDWOOD WAY: Plot and Title Map

22 REDWOOD WAY sits on a plot of roughly 0.111 of an acre, or 449m². The below map shows the location of 22 REDWOOD WAY, 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 22 REDWOOD WAY). 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 22 REDWOOD WAY?

22 REDWOOD WAY is located in BRIDLINGTON, in the YO16 postcode district. The below map shows the position of No. 22 on REDWOOD WAY.