24, REDWOOD DRIVE, FERNDOWN, BH22 9UH - £455,000

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.

24 REDWOOD DRIVE is a large extended detached house of 134m², built sometime between 1983 and 1990, which could now be worth an estimated £556,112. It was last sold for £455,000 in June 2018, which was around 5% above the average June 2018 detached price in the Dorset local authority area. The most recent EPC inspection was January 2014, where the current energy rating was C, and the potential energy rating was B.

24 REDWOOD DRIVE Sold Prices

Land registry data shows two sales for 24 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 Dorset local authority area for the corresponding sale date. Both of the two 24 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
2018 20 JUN	£455,000	£432,352	5% above HPI
2002 24 JUL	£266,000	£220,467	21% above HPI

24 REDWOOD DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Dorset local authority area over time, sourced from the HPI. The two 24 REDWOOD DRIVE sales from July 2002 and June 2018 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 July 2002 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the June 2018 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 24 REDWOOD DRIVE be worth now?

24 REDWOOD DRIVE might now be worth an estimated £556,112.

This is based on house price inflation of 22.2%, between June 2018 and February 2025, for detached houses, in the Dorset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.2% inflationary increase is applied to the most recent sale price for 24 REDWOOD DRIVE of £455,000 on 20th June 2018. For the value to have increased from £455,000 to £556,112 over the seven years and four months to February 2025, the following assumptions must hold true:

• The value of 24 REDWOOD DRIVE has moved in line with the HPI for detached houses in the Dorset local authority area.
• The June 2018 sale price of £455,000 represented a fair market value for the property.
• The size, condition, and specification of 24 REDWOOD DRIVE has not materially changed since June 2018.

How Large is 24 REDWOOD DRIVE?

24 REDWOOD DRIVE is 134m², which includes two extensions, according to the EPC inspection conducted in January 2014. This puts it in the largest 40% of detached houses houses in Ferndown, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ferndown, and where 24 REDWOOD DRIVE lies on this distribution: 64% of detached houses houses are smaller than 24 REDWOOD DRIVE, and 36% of houses are larger. Note that EPC data is not available for all properties in Ferndown.

24 REDWOOD DRIVE: Plot and Title Map

24 REDWOOD DRIVE sits on a plot of roughly 0.118 of an acre, or 479m². The below map shows the location of 24 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 24 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 24 REDWOOD DRIVE?

24 REDWOOD DRIVE is located in FERNDOWN, in the BH22 postcode district. The below map shows the position of No. 24 on REDWOOD DRIVE.