3, REDWOOD WAY, SOMERFORD, CONGLETON, CW12 4ZF - £500,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 REDWOOD WAY is a small detached house of 150m². It was last sold for £500,000 in August 2023, which was around 10% above the average August 2023 detached price in the Cheshire East local authority area. The most recent EPC inspection was October 2020, where the current energy rating was B, and the potential energy rating was A.

3 REDWOOD WAY Sold Prices

Land registry data shows two sales for 3 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 Cheshire East local authority area for the corresponding sale date. Both of the two 3 REDWOOD WAY 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
2023 4 AUG	£500,000	£453,189	10% above HPI
2020 27 NOV	£430,000	£396,054	9% above HPI

3 REDWOOD WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cheshire East local authority area over time, sourced from the HPI. The two 3 REDWOOD WAY sales from November 2020 and August 2023 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 November 2020 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the August 2023 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 3 REDWOOD WAY?

3 REDWOOD WAY is 150m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 30% of detached houses in Radnor, based on EPC data. The below chart shows the distribution of detached houses by size in Radnor, and where 3 REDWOOD WAY lies on this distribution: 28% of detached houses are smaller than 3 REDWOOD WAY, and 66% of houses are larger. Note that EPC data is not available for all properties in Radnor.

3 REDWOOD WAY: Plot and Title Map

3 REDWOOD WAY sits on a plot of roughly 0.090 of an acre, or 366m². The below map shows the location of 3 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 3 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 3 REDWOOD WAY?

3 REDWOOD WAY is located in SOMERFORD, in the CW12 postcode district. The below map shows the position of No. 3 on REDWOOD WAY.