5, REDWOOD DRIVE, ELTON, CHESTER, CH2 4RT - £90,000

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

5 REDWOOD DRIVE is a very small semi-detached house of 53m², built sometime between 1983 and 1990. It was last sold for £90,000 in March 2014, which was around 65% below the average March 2014 detached price in the Cheshire West and Chester local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

5 REDWOOD DRIVE Sold Prices

Land registry data shows two sales for 5 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 Cheshire West and Chester local authority area for the corresponding sale date. Both of the two 5 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
2014 31 MAR	£90,000	£258,417	65% below HPI
1999 14 JUL	£51,995	£113,297	54% below HPI

5 REDWOOD DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cheshire West and Chester local authority area over time, sourced from the HPI. The two 5 REDWOOD DRIVE sales from July 1999 and March 2014 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 July 1999 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the March 2014 sale, where it falls to 65% below the HPI. The line then continues to track at 65% below the HPI.

How Large is 5 REDWOOD DRIVE?

5 REDWOOD DRIVE is 53m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 10% of detached houses in Elton, based on EPC data. The below chart shows the distribution of detached houses by size in Elton, and where 5 REDWOOD DRIVE lies on this distribution: Less than 1% of detached houses are smaller than 5 REDWOOD DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Elton.

5 REDWOOD DRIVE: Plot and Title Map

5 REDWOOD DRIVE sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 5 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 5 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 5 REDWOOD DRIVE?

5 REDWOOD DRIVE is located in ELTON, in the CH2 postcode district. The below map shows the position of No. 5 on REDWOOD DRIVE.