42, REDWOOD DRIVE, LONGRIDGE, PRESTON, PR3 3HA - £275,000

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

42 REDWOOD DRIVE is a midsized detached house of 119m², built sometime between 1996 and 2002. It was last sold for £275,000 in May 2010, which was around 11% below the average May 2010 detached price in the Ribble Valley local authority area. The most recent EPC inspection was December 2009, where the current energy rating was C, and the potential energy rating was C.

42 REDWOOD DRIVE Sold Prices

Land registry data shows three sales for 42 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. The three 42 REDWOOD DRIVE sales were a mix of below the average price, roughly equal to the average price, and 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
2010 7 MAY	£275,000	£309,129	11% below HPI
2006 7 APR	£272,000	£270,714	Close to HPI
1997 20 JUN	£110,250	£99,181	11% above HPI

42 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 42 REDWOOD DRIVE sales between June 1997 and May 2010 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 April 2006 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the May 2010 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 42 REDWOOD DRIVE?

42 REDWOOD DRIVE is 119m² according to the EPC inspection conducted in December 2009. This puts it in the smallest 50% of detached houses in Longridge, based on EPC data. The below chart shows the distribution of detached houses by size in Longridge, and where 42 REDWOOD DRIVE lies on this distribution: 47% of detached houses are smaller than 42 REDWOOD DRIVE, and 53% of houses are larger. Note that EPC data is not available for all properties in Longridge.

42 REDWOOD DRIVE: Plot and Title Map

42 REDWOOD DRIVE sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of 42 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 42 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 42 REDWOOD DRIVE?

42 REDWOOD DRIVE is located in LONGRIDGE, in the PR3 postcode district. The below map shows the position of No. 42 on REDWOOD DRIVE.