8, REDWOOD DRIVE, BLACKPOOL, FY4 5GJ - £325,000

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

8 REDWOOD DRIVE is a very large detached house of 162m². It was last sold for £325,000 in June 2017, which was around 18% above the average June 2017 detached price in the Fylde local authority area. The most recent EPC inspection was May 2015, where the current energy rating was B, and the potential energy rating was A.

8 REDWOOD DRIVE Sold Prices

Land registry data shows two sales for 8 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 Fylde local authority area for the corresponding sale date. Both of the two 8 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 29 JUN	£325,000	£276,522	18% above HPI
2015 5 JUN	£282,500	£257,387	10% above HPI

8 REDWOOD DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fylde local authority area over time, sourced from the HPI. The two 8 REDWOOD DRIVE sales from June 2015 and June 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 June 2015 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the June 2017 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 8 REDWOOD DRIVE?

8 REDWOOD DRIVE is 162m² according to the EPC inspection conducted in May 2015. This puts it in the largest 20% of detached houses in Blackpool, based on EPC data. The below chart shows the distribution of detached houses by size in Blackpool, and where 8 REDWOOD DRIVE lies on this distribution: 84% of detached houses are smaller than 8 REDWOOD DRIVE, and 15% of houses are larger. Note that EPC data is not available for all properties in Blackpool.

8 REDWOOD DRIVE: Plot and Title Map

8 REDWOOD DRIVE sits on a plot of roughly 1.1 acres, or 4,372m². The below map shows the location of 8 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 8 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 8 REDWOOD DRIVE?

8 REDWOOD DRIVE is located in BLACKPOOL, in the FY4 postcode district. The below map shows the position of No. 8 on REDWOOD DRIVE.