6, REDWOOD DRIVE, LONGRIDGE, PRESTON, PR3 3HA - £216,500

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

6 REDWOOD DRIVE is a very small detached house of 89m², built sometime between 2003 and 2006. It was last sold for £216,500 in April 2019, which was around 34% below the average April 2019 detached price in the Ribble Valley local authority area. The most recent EPC inspection was November 2010, where the current energy rating was C, and the potential energy rating was C.

6 REDWOOD DRIVE Sold Prices

Land registry data shows three sales for 6 REDWOOD DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Ribble Valley local authority area for the corresponding sale date. All of the three 6 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
2019 2 APR	£216,500	£327,270	34% below HPI
2011 9 JUN	£215,000	£295,885	27% below HPI
1998 24 JUL	£87,050	£105,131	17% below HPI

6 REDWOOD DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ribble Valley local authority area over time, sourced from the HPI. The three 6 REDWOOD DRIVE sales between July 1998 and April 2019 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 June 2011 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the April 2019 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 6 REDWOOD DRIVE?

6 REDWOOD DRIVE is 89m² according to the EPC inspection conducted in November 2010. This puts it in the smallest 20% of detached houses in Longridge, based on EPC data. The below chart shows the distribution of detached houses by size in Longridge, and where 6 REDWOOD DRIVE lies on this distribution: 12% of detached houses are smaller than 6 REDWOOD DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Longridge.

6 REDWOOD DRIVE: Plot and Title Map

6 REDWOOD DRIVE sits on a plot of roughly 0.214 of an acre, or 867m². The below map shows the location of 6 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 6 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 6 REDWOOD DRIVE?

6 REDWOOD DRIVE is located in LONGRIDGE, in the PR3 postcode district. The below map shows the position of No. 6 on REDWOOD DRIVE.