9, REDWOOD WAY, BRIDLINGTON, YO16 7GY - £249,950

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

9 REDWOOD WAY is a midsized detached house of 96m², built sometime between 1983 and 1990. It was last sold for £249,950 in December 2020, which was around 12% below the average December 2020 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was C.

9 REDWOOD WAY Sold Prices

Land registry data shows two sales for 9 REDWOOD WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Riding of Yorkshire local authority area for the corresponding sale date. Both of the two 9 REDWOOD WAY 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
2020 18 DEC	£249,950	£285,072	12% below HPI
2015 17 DEC	£177,500	£229,181	23% below HPI

9 REDWOOD WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Riding of Yorkshire local authority area over time, sourced from the HPI. The two 9 REDWOOD WAY sales from December 2015 and December 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 December 2015 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the December 2020 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 9 REDWOOD WAY?

9 REDWOOD WAY is 96m² according to the EPC inspection conducted in August 2015. This puts it in the largest 50% of detached houses in Bridlington, based on EPC data. The below chart shows the distribution of detached houses by size in Bridlington, and where 9 REDWOOD WAY lies on this distribution: 53% of detached houses are smaller than 9 REDWOOD WAY, and 47% of houses are larger. Note that EPC data is not available for all properties in Bridlington.

9 REDWOOD WAY: Plot and Title Map

9 REDWOOD WAY sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 9 REDWOOD WAY, 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 WAY). 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 WAY?

9 REDWOOD WAY is located in BRIDLINGTON, in the YO16 postcode district. The below map shows the position of No. 9 on REDWOOD WAY.