4, REDWOOD CLOSE, WING, LEIGHTON BUZZARD, LU7 0TP - £540,000

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.

4 REDWOOD CLOSE is a very large extended detached house of 163m², built sometime between 1967 and 1975, which could now be worth an estimated £595,404. It was last sold for £540,000 in January 2021, which was around 30% below the average January 2021 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was C.

4 REDWOOD CLOSE Sold Prices

Land registry data shows two sales for 4 REDWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Buckinghamshire local authority area for the corresponding sale date. Both of the two 4 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
2021 22 JAN	£540,000	£767,451	30% below HPI
2010 17 DEC	£389,950	£497,302	22% below HPI

4 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 two 4 REDWOOD CLOSE sales from December 2010 and January 2021 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 December 2010 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the January 2021 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 4 REDWOOD CLOSE be worth now?

4 REDWOOD CLOSE might now be worth an estimated £595,404.

This is based on house price inflation of 10.3%, between January 2021 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 10.3% inflationary increase is applied to the most recent sale price for 4 REDWOOD CLOSE of £540,000 on 22nd January 2021. For the value to have increased from £540,000 to £595,404 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of 4 REDWOOD CLOSE has moved in line with the HPI for detached houses in the Buckinghamshire local authority area.
• The January 2021 sale price of £540,000 represented a fair market value for the property.
• The size, condition, and specification of 4 REDWOOD CLOSE has not materially changed since January 2021.

How Large is 4 REDWOOD CLOSE?

4 REDWOOD CLOSE is 163m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the largest 20% 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 4 REDWOOD CLOSE lies on this distribution: 83% of detached houses houses are smaller than 4 REDWOOD CLOSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Wing.

4 REDWOOD CLOSE: Plot and Title Map

4 REDWOOD CLOSE sits on a plot of roughly 0.157 of an acre, or 637m². The below map shows the location of 4 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 4 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 4 REDWOOD CLOSE?

4 REDWOOD CLOSE is located in WING, in the LU7 postcode district. The below map shows the position of No. 4 on REDWOOD CLOSE.