3, REDWOOD CLOSE, WING, LEIGHTON BUZZARD, LU7 0TP - £520,000

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.

3 REDWOOD CLOSE is a midsized extended detached house of 124m², built sometime between 1967 and 1975, which could now be worth an estimated £545,341. It was last sold for £520,000 in April 2022, which was around 36% below the average April 2022 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

3 REDWOOD CLOSE Sold Prices

Land registry data shows four sales for 3 REDWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Buckinghamshire local authority area for the corresponding sale date. All of the four 3 REDWOOD CLOSE 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
2022 4 APR	£520,000	£806,870	36% below HPI
2014 14 FEB	£345,000	£542,550	36% below HPI
2006 29 SEP	£325,000	£454,367	28% below HPI
2002 20 JUN	£249,950	£346,247	28% below HPI

3 REDWOOD CLOSE 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 four 3 REDWOOD CLOSE sales between June 2002 and April 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 February 2014 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the April 2022 sale, which was also at 36% below the HPI.

What might 3 REDWOOD CLOSE be worth now?

3 REDWOOD CLOSE might now be worth an estimated £545,341.

This is based on house price inflation of 4.9%, between April 2022 and February 2025, for detached houses, in the Buckinghamshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.9% inflationary increase is applied to the most recent sale price for 3 REDWOOD CLOSE of £520,000 on 4th April 2022. For the value to have increased from £520,000 to £545,341 over the three years and two months to February 2025, the following assumptions must hold true:

• The value of 3 REDWOOD CLOSE has moved in line with the HPI for detached houses in the Buckinghamshire local authority area.
• The April 2022 sale price of £520,000 represented a fair market value for the property.
• The size, condition, and specification of 3 REDWOOD CLOSE has not materially changed since April 2022.

How Large is 3 REDWOOD CLOSE?

3 REDWOOD CLOSE is 124m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the smallest 50% of detached houses houses in Wing, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wing, and where 3 REDWOOD CLOSE lies on this distribution: 47% of detached houses houses are smaller than 3 REDWOOD CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Wing.

3 REDWOOD CLOSE: Plot and Title Map

3 REDWOOD CLOSE sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of 3 REDWOOD CLOSE, 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 3 REDWOOD CLOSE). 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 3 REDWOOD CLOSE?

3 REDWOOD CLOSE is located in WING, in the LU7 postcode district. The below map shows the position of No. 3 on REDWOOD CLOSE.