56, REDWOOD AVENUE, LEYLAND, PR25 1RN - £190,000

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

56 REDWOOD AVENUE is a small detached house of 91m², built sometime between 1967 and 1975. It was last sold for £190,000 in May 2018, which was around 25% below the average May 2018 detached price in the South Ribble local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

56 REDWOOD AVENUE Sold Prices

Land registry data shows four sales for 56 REDWOOD AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Ribble local authority area for the corresponding sale date. All of the four 56 REDWOOD AVENUE 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
2018 3 MAY	£190,000	£253,316	25% below HPI
2007 22 AUG	£166,500	£239,856	31% below HPI
2004 16 JAN	£139,000	£176,411	21% below HPI
2002 8 NOV	£119,000	£136,084	13% below HPI

56 REDWOOD AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Ribble local authority area over time, sourced from the HPI. The four 56 REDWOOD AVENUE sales between November 2002 and May 2018 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 August 2007 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the May 2018 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 56 REDWOOD AVENUE?

56 REDWOOD AVENUE is 91m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 30% of detached houses in Leyland, based on EPC data. The below chart shows the distribution of detached houses by size in Leyland, and where 56 REDWOOD AVENUE lies on this distribution: 24% of detached houses are smaller than 56 REDWOOD AVENUE, and 75% of houses are larger. Note that EPC data is not available for all properties in Leyland.

56 REDWOOD AVENUE: Plot and Title Map

56 REDWOOD AVENUE sits on a plot of roughly 0.105 of an acre, or 425m². The below map shows the location of 56 REDWOOD AVENUE, 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 56 REDWOOD AVENUE). 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 56 REDWOOD AVENUE?

56 REDWOOD AVENUE is located in LEYLAND, in the PR25 postcode district. The below map shows the position of No. 56 on REDWOOD AVENUE.