41, REDWOOD DRIVE, WING, LEIGHTON BUZZARD, LU7 0TA - £585,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

41 REDWOOD DRIVE is a very large extended detached house of 178m², built sometime between 1983 and 1990. It was last sold for £585,000 in January 2021, which was around 21% below the average January 2021 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was C.

41 REDWOOD DRIVE Sold Prices

Land registry data shows three sales for 41 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 Buckinghamshire local authority area for the corresponding sale date. All of the three 41 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
2021 14 JAN	£585,000	£737,637	21% below HPI
2016 15 JAN	£515,000	£646,133	20% below HPI
2008 21 MAY	£400,000	£486,432	18% below HPI

41 REDWOOD DRIVE 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 three 41 REDWOOD DRIVE sales between May 2008 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 January 2016 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the January 2021 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 41 REDWOOD DRIVE?

41 REDWOOD DRIVE is 178m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the largest 20% of detached houses in Wing, based on EPC data. The below chart shows the distribution of detached houses by size in Wing, and where 41 REDWOOD DRIVE lies on this distribution: 89% of detached houses are smaller than 41 REDWOOD DRIVE, and 11% of houses are larger. Note that EPC data is not available for all properties in Wing.

41 REDWOOD DRIVE: Plot and Title Map

41 REDWOOD DRIVE sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 41 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 41 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 41 REDWOOD DRIVE?

41 REDWOOD DRIVE is located in WING, in the LU7 postcode district. The below map shows the position of No. 41 on REDWOOD DRIVE.