31, REDWOOD DRIVE, LONGRIDGE, PRESTON, PR3 3HA - £202,500

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

31 REDWOOD DRIVE is a very small detached house of 78m², built sometime between 1991 and 1995. It was last sold for £202,500 in January 2019, which was around 39% below the average January 2019 detached price in the Ribble Valley local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was B.

31 REDWOOD DRIVE Sold Prices

Land registry data shows three sales for 31 REDWOOD DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Ribble Valley local authority area for the corresponding sale date. All of the three 31 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
2019 25 JAN	£202,500	£329,480	39% below HPI
2014 26 SEP	£197,500	£303,344	35% below HPI
1997 30 MAY	£79,800	£94,915	16% below HPI

31 REDWOOD DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ribble Valley local authority area over time, sourced from the HPI. The three 31 REDWOOD DRIVE sales between May 1997 and January 2019 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 September 2014 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the January 2019 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 31 REDWOOD DRIVE?

31 REDWOOD DRIVE is 78m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 10% of detached houses in Longridge, based on EPC data. The below chart shows the distribution of detached houses by size in Longridge, and where 31 REDWOOD DRIVE lies on this distribution: 7% of detached houses are smaller than 31 REDWOOD DRIVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Longridge.

31 REDWOOD DRIVE: Plot and Title Map

31 REDWOOD DRIVE sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 31 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 31 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 31 REDWOOD DRIVE?

31 REDWOOD DRIVE is located in LONGRIDGE, in the PR3 postcode district. The below map shows the position of No. 31 on REDWOOD DRIVE.