71, REDWOOD DRIVE, CHORLEY, PR7 3BW - £159,950

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.

71 REDWOOD DRIVE is a very small semi-detached house of 82m², built sometime between 1996 and 2002, which could now be worth an estimated £221,773. It was last sold for £159,950 in September 2017, which was around 10% above the average September 2017 semi-detached price in the Chorley local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

71 REDWOOD DRIVE Sold Prices

Land registry data shows three sales for 71 REDWOOD DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Chorley local authority area for the corresponding sale date. All of the three 71 REDWOOD DRIVE sales were 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
2017 11 SEP	£159,950	£145,417	10% above HPI
2013 16 DEC	£136,000	£121,780	12% above HPI
2003 28 NOV	£108,230	£93,203	16% above HPI

71 REDWOOD DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Chorley local authority area over time, sourced from the HPI. The three 71 REDWOOD DRIVE sales between November 2003 and September 2017 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 2013 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the September 2017 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 71 REDWOOD DRIVE be worth now?

71 REDWOOD DRIVE might now be worth an estimated £221,773.

This is based on house price inflation of 38.7%, between September 2017 and February 2025, for semi-detached houses, in the Chorley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 38.7% inflationary increase is applied to the most recent sale price for 71 REDWOOD DRIVE of £159,950 on 11th September 2017. For the value to have increased from £159,950 to £221,773 over the eight years and seven months to February 2025, the following assumptions must hold true:

• The value of 71 REDWOOD DRIVE has moved in line with the HPI for semi-detached houses in the Chorley local authority area.
• The September 2017 sale price of £159,950 represented a fair market value for the property.
• The size, condition, and specification of 71 REDWOOD DRIVE has not materially changed since September 2017.

How Large is 71 REDWOOD DRIVE?

71 REDWOOD DRIVE is 82m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 20% of semi-detached houses houses in Chorley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Chorley, and where 71 REDWOOD DRIVE lies on this distribution: 14% of semi-detached houses houses are smaller than 71 REDWOOD DRIVE, and 86% of houses are larger. Note that EPC data is not available for all properties in Chorley.

71 REDWOOD DRIVE: Plot and Title Map

71 REDWOOD DRIVE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 71 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 71 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 71 REDWOOD DRIVE?

71 REDWOOD DRIVE is located in CHORLEY, in the PR7 postcode district. The below map shows the position of No. 71 on REDWOOD DRIVE.