7, REDWOOD CLOSE, HAZLEMERE, HIGH WYCOMBE, HP15 7RD - £560,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 REDWOOD CLOSE is a very small extended detached house of 87m², built sometime between 1976 and 1982, which could now be worth an estimated £555,258. It was last sold for £560,000 in December 2022, which was around 34% below the average December 2022 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

7 REDWOOD CLOSE Sold Prices

Land registry data shows four sales for 7 REDWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Buckinghamshire local authority area for the corresponding sale date. All of the four 7 REDWOOD CLOSE 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
2022 13 DEC	£560,000	£853,417	34% below HPI
2018 7 DEC	£485,000	£742,279	35% below HPI
2010 28 SEP	£312,500	£511,757	39% below HPI
2007 16 FEB	£297,500	£467,453	36% below HPI

7 REDWOOD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Buckinghamshire local authority area over time, sourced from the HPI. The four 7 REDWOOD CLOSE sales between February 2007 and December 2022 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 December 2018 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the December 2022 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 7 REDWOOD CLOSE be worth now?

7 REDWOOD CLOSE might now be worth an estimated £555,258.

This is based on house price deflation of 0.8%, between December 2022 and February 2025, for detached houses, in the Buckinghamshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.8% deflationary decrease is applied to the most recent sale price for 7 REDWOOD CLOSE of £560,000 on 13th December 2022. For the value to have decreased from £560,000 to £555,258 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 7 REDWOOD CLOSE has moved in line with the HPI for detached houses in the Buckinghamshire local authority area.
• The December 2022 sale price of £560,000 represented a fair market value for the property.
• The size, condition, and specification of 7 REDWOOD CLOSE has not materially changed since December 2022.

How Large is 7 REDWOOD CLOSE?

7 REDWOOD CLOSE is 87m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the smallest 20% of detached houses houses in Hazlemere, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hazlemere, and where 7 REDWOOD CLOSE lies on this distribution: 15% of detached houses houses are smaller than 7 REDWOOD CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Hazlemere.

7 REDWOOD CLOSE: Plot and Title Map

7 REDWOOD CLOSE sits on a plot of roughly 41.0 acres, or 166,040m². The below map shows the location of 7 REDWOOD CLOSE, 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 7 REDWOOD CLOSE). 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 7 REDWOOD CLOSE?

7 REDWOOD CLOSE is located in HAZLEMERE, in the HP15 postcode district. The below map shows the position of No. 7 on REDWOOD CLOSE.