53, REDWOOD DRIVE, CHORLEY, PR7 3BW - £248,000

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

53 REDWOOD DRIVE is a very large detached house of 181m², built sometime between 1996 and 2002. It was last sold for £248,000 in February 2010, which was around 14% above the average February 2010 detached price in the Chorley local authority area. The most recent EPC inspection was September 2014, where the current energy rating was E, and the potential energy rating was B.

53 REDWOOD DRIVE Sold Prices

Land registry data shows two sales for 53 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 53 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
2010 26 FEB	£248,000	£217,502	14% above HPI
2003 5 SEP	£197,600	£161,464	22% above HPI

53 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 53 REDWOOD DRIVE sales from September 2003 and February 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 September 2003 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the February 2010 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 53 REDWOOD DRIVE?

53 REDWOOD DRIVE is 181m² according to the EPC inspection conducted in September 2014. This puts it in the largest 10% of detached houses in Chorley, based on EPC data. The below chart shows the distribution of detached houses by size in Chorley, and where 53 REDWOOD DRIVE lies on this distribution: 94% of detached houses are smaller than 53 REDWOOD DRIVE, and 6% of houses are larger. Note that EPC data is not available for all properties in Chorley.

53 REDWOOD DRIVE: Plot and Title Map

53 REDWOOD DRIVE sits on a plot of roughly 0.513 of an acre, or 2,077m². The below map shows the location of 53 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 53 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 53 REDWOOD DRIVE?

53 REDWOOD DRIVE is located in CHORLEY, in the PR7 postcode district. The below map shows the position of No. 53 on REDWOOD DRIVE.