7, REDWOOD DRIVE, EPSOM, KT19 8FL - £480,000

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 DRIVE is a very small semi-detached house of 83m², built sometime from 2007 onwards, which could now be worth an estimated £573,523. It was last sold for £480,000 in February 2020, which was around 8% below the average February 2020 semi-detached price in the Epsom and Ewell local authority area. The most recent EPC inspection was March 2020, 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 semi-detached price in the Epsom and Ewell local authority area for the corresponding sale date. One of the two 7 REDWOOD DRIVE sales was for below the average price, whilst the other was roughly equal to 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
2020 7 FEB	£480,000	£523,805	8% below HPI
2010 26 MAR	£329,995	£329,358	Close to HPI

7 REDWOOD DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Epsom and Ewell local authority area over time, sourced from the HPI. The two 7 REDWOOD DRIVE sales from March 2010 and February 2020 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 March 2010 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the February 2020 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 7 REDWOOD DRIVE be worth now?

7 REDWOOD DRIVE might now be worth an estimated £573,523.

This is based on house price inflation of 19.5%, between February 2020 and February 2025, for semi-detached houses, in the Epsom and Ewell local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.5% inflationary increase is applied to the most recent sale price for 7 REDWOOD DRIVE of £480,000 on 7th February 2020. For the value to have increased from £480,000 to £573,523 over the five years to February 2025, the following assumptions must hold true:

• The value of 7 REDWOOD DRIVE has moved in line with the HPI for semi-detached houses in the Epsom and Ewell local authority area.
• The February 2020 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of 7 REDWOOD DRIVE has not materially changed since February 2020.

How Large is 7 REDWOOD DRIVE?

7 REDWOOD DRIVE is 83m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 10% of semi-detached houses houses in Epsom, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Epsom, and where 7 REDWOOD DRIVE lies on this distribution: 6% of semi-detached houses houses are smaller than 7 REDWOOD DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Epsom.

7 REDWOOD DRIVE: Plot and Title Map

7 REDWOOD DRIVE sits on a plot of roughly 0.031 of an acre, or 126m². 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 EPSOM, in the KT19 postcode district. The below map shows the position of No. 7 on REDWOOD DRIVE.