5, REDWOOD DRIVE, LODDISWELL, KINGSBRIDGE, TQ7 4BZ - £685,000

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 large detached house of 171m². It was last sold for £685,000 in September 2020, which was around 42% above the average September 2020 detached price in the South Hams local authority area. The most recent EPC inspection was November 2019, where the current energy rating was A, and the potential energy rating was A.

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 South Hams local authority area for the corresponding sale date. Both of the two 5 REDWOOD DRIVE sales were for 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
2020 25 SEP	£685,000	£483,296	42% above HPI
2018 31 JUL	£599,000	£431,534	39% above HPI

5 REDWOOD DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Hams local authority area over time, sourced from the HPI. The two 5 REDWOOD DRIVE sales from July 2018 and September 2020 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 2018 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the September 2020 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is 5 REDWOOD DRIVE?

5 REDWOOD DRIVE is 171m² according to the EPC inspection conducted in November 2019. This puts it in the largest 20% of detached houses in Loddiswell, based on EPC data. The below chart shows the distribution of detached houses by size in Loddiswell, and where 5 REDWOOD DRIVE lies on this distribution: 83% of detached houses are smaller than 5 REDWOOD DRIVE, and 17% of houses are larger. Note that EPC data is not available for all properties in Loddiswell.

5 REDWOOD DRIVE: Plot and Title Map

5 REDWOOD DRIVE sits on a plot of roughly 0.235 of an acre, or 950m². 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 LODDISWELL, in the TQ7 postcode district. The below map shows the position of No. 5 on REDWOOD DRIVE.