61, REDWOOD DRIVE, CHORLEY, PR7 3BW - £310,000

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

61 REDWOOD DRIVE is a small detached house of 105m², built sometime between 2003 and 2006. It was last sold for £310,000 in August 2023, which was around 9% below the average August 2023 detached price in the Chorley local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

61 REDWOOD DRIVE Sold Prices

Land registry data shows two sales for 61 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. One of the two 61 REDWOOD DRIVE sales was for below the average price, whilst the other was 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
2023 4 AUG	£310,000	£339,534	9% below HPI
2003 24 SEP	£162,800	£161,464	1% above HPI

61 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 61 REDWOOD DRIVE sales from September 2003 and August 2023 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 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the August 2023 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 61 REDWOOD DRIVE?

61 REDWOOD DRIVE is 105m² according to the EPC inspection conducted in May 2023. This puts it in the smallest 40% of detached houses in Chorley, based on EPC data. The below chart shows the distribution of detached houses by size in Chorley, and where 61 REDWOOD DRIVE lies on this distribution: 39% of detached houses are smaller than 61 REDWOOD DRIVE, and 61% of houses are larger. Note that EPC data is not available for all properties in Chorley.

61 REDWOOD DRIVE: Plot and Title Map

61 REDWOOD DRIVE sits on a plot of roughly 0.513 of an acre, or 2,077m². The below map shows the location of 61 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 61 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 61 REDWOOD DRIVE?

61 REDWOOD DRIVE is located in CHORLEY, in the PR7 postcode district. The below map shows the position of No. 61 on REDWOOD DRIVE.