7, REDWOOD DRIVE, BREDBURY, STOCKPORT, SK6 1SE - £220,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

7 REDWOOD DRIVE is a small detached house of 71m², built sometime between 1967 and 1975. It was last sold for £220,000 in August 2021, which was around 49% below the average August 2021 detached price in the Stockport local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

7 REDWOOD DRIVE Sold Prices

Land registry data shows two sales for 7 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 Stockport local authority area for the corresponding sale date. Both of the two 7 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
2021 3 AUG	£220,000	£433,848	49% below HPI
2000 12 MAY	£76,500	£130,615	41% below HPI

7 REDWOOD DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stockport local authority area over time, sourced from the HPI. The two 7 REDWOOD DRIVE sales from May 2000 and August 2021 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 May 2000 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the August 2021 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 7 REDWOOD DRIVE?

7 REDWOOD DRIVE is 71m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 30% of detached houses in Bredbury, based on EPC data. The below chart shows the distribution of detached houses by size in Bredbury, and where 7 REDWOOD DRIVE lies on this distribution: 24% of detached houses are smaller than 7 REDWOOD DRIVE, and 74% of houses are larger. Note that EPC data is not available for all properties in Bredbury.

7 REDWOOD DRIVE: Plot and Title Map

7 REDWOOD DRIVE sits on a plot of roughly 1.3 acres, or 5,164m². The below map shows the location of 7 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 7 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 7 REDWOOD DRIVE?

7 REDWOOD DRIVE is located in BREDBURY, in the SK6 postcode district. The below map shows the position of No. 7 on REDWOOD DRIVE.