9, REDWOOD DRIVE, CHORLEY, PR7 3BW - £345,000

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

9 REDWOOD DRIVE is a large extended detached house of 139m², built sometime between 1996 and 2002. It was last sold for £345,000 in January 2022, which was around 10% above the average January 2022 detached price in the Chorley local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

9 REDWOOD DRIVE Sold Prices

Land registry data shows three sales for 9 REDWOOD DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chorley local authority area for the corresponding sale date. All of the three 9 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
2022 25 JAN	£345,000	£314,278	10% above HPI
2006 15 NOV	£245,000	£229,548	7% above HPI
2001 30 NOV	£148,350	£110,905	34% above HPI

9 REDWOOD DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chorley local authority area over time, sourced from the HPI. The three 9 REDWOOD DRIVE sales between November 2001 and January 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 November 2006 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the January 2022 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 9 REDWOOD DRIVE?

9 REDWOOD DRIVE is 139m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the largest 30% of detached houses in Chorley, based on EPC data. The below chart shows the distribution of detached houses by size in Chorley, and where 9 REDWOOD DRIVE lies on this distribution: 75% of detached houses are smaller than 9 REDWOOD DRIVE, and 24% of houses are larger. Note that EPC data is not available for all properties in Chorley.

9 REDWOOD DRIVE: Plot and Title Map

9 REDWOOD DRIVE sits on a plot of roughly 0.131 of an acre, or 531m². The below map shows the location of 9 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 9 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 9 REDWOOD DRIVE?

9 REDWOOD DRIVE is located in CHORLEY, in the PR7 postcode district. The below map shows the position of No. 9 on REDWOOD DRIVE.