45, REDWOOD DRIVE, CHORLEY, PR7 3BW - £181,000

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

45 REDWOOD DRIVE is a large detached house of 143m², built sometime between 2003 and 2006. It was last sold for £181,000 in January 2006, which was around 14% below the average January 2006 detached price in the Chorley local authority area. The most recent EPC inspection was October 2014, where the current energy rating was E, and the potential energy rating was B.

45 REDWOOD DRIVE Sold Prices

Land registry data shows two sales for 45 REDWOOD DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Chorley local authority area for the corresponding sale date. Both of the two 45 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
2006 6 JAN	£181,000	£209,972	14% below HPI
2003 31 JAN	£116,300	£138,983	16% below HPI

45 REDWOOD DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chorley local authority area over time, sourced from the HPI. The two 45 REDWOOD DRIVE sales from January 2003 and January 2006 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 2003 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the January 2006 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 45 REDWOOD DRIVE?

45 REDWOOD DRIVE is 143m² according to the EPC inspection conducted in October 2014. This puts it in the largest 30% of detached houses in Chorley, based on EPC data. The below chart shows the distribution of detached houses by size in Chorley, and where 45 REDWOOD DRIVE lies on this distribution: 79% of detached houses are smaller than 45 REDWOOD DRIVE, and 21% of houses are larger. Note that EPC data is not available for all properties in Chorley.

45 REDWOOD DRIVE: Plot and Title Map

45 REDWOOD DRIVE sits on a plot of roughly 0.717 of an acre, or 2,902m². The below map shows the location of 45 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 45 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 45 REDWOOD DRIVE?

45 REDWOOD DRIVE is located in CHORLEY, in the PR7 postcode district. The below map shows the position of No. 45 on REDWOOD DRIVE.