38, REDWOOD AVENUE, LEYLAND, PR25 1RN - £216,000

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

38 REDWOOD AVENUE is a very small detached house of 84m², built sometime between 1967 and 1975. It was last sold for £216,000 in October 2022, which was around 32% below the average October 2022 detached price in the South Ribble local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

38 REDWOOD AVENUE Sold Prices

Land registry data shows three sales for 38 REDWOOD AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Ribble local authority area for the corresponding sale date. All of the three 38 REDWOOD AVENUE 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 20 OCT	£216,000	£316,361	32% below HPI
2002 7 JUN	£82,000	£123,910	34% below HPI
1997 20 MAY	£59,000	£82,764	29% below HPI

38 REDWOOD AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Ribble local authority area over time, sourced from the HPI. The three 38 REDWOOD AVENUE sales between May 1997 and October 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 June 2002 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the October 2022 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 38 REDWOOD AVENUE?

38 REDWOOD AVENUE is 84m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 20% of detached houses in Leyland, based on EPC data. The below chart shows the distribution of detached houses by size in Leyland, and where 38 REDWOOD AVENUE lies on this distribution: 17% of detached houses are smaller than 38 REDWOOD AVENUE, and 82% of houses are larger. Note that EPC data is not available for all properties in Leyland.

38 REDWOOD AVENUE: Plot and Title Map

38 REDWOOD AVENUE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 38 REDWOOD AVENUE, 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 38 REDWOOD AVENUE). 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 38 REDWOOD AVENUE?

38 REDWOOD AVENUE is located in LEYLAND, in the PR25 postcode district. The below map shows the position of No. 38 on REDWOOD AVENUE.