REDWOOD, WHEELERS WAY, LITTLE EVERSDEN, CAMBRIDGE, CB23 1HF - £580,000

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.

REDWOOD is a small extended detached house of 147m², built sometime from 2007 onwards, which could now be worth an estimated £664,439. It was last sold for £580,000 in August 2018, which was around 5% above the average August 2018 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was B.

REDWOOD Sold Prices

Land registry data shows four sales for REDWOOD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Cambridgeshire local authority area for the corresponding sale date. two of the four REDWOOD sales were for above the average price, and four 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
2018 2 AUG	£580,000	£553,883	5% above HPI
2011 15 JUL	£450,000	£355,957	26% above HPI
2006 1 JUN	£307,000	£327,141	6% below HPI
2001 18 MAY	£172,000	£209,467	18% below HPI

REDWOOD Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Cambridgeshire local authority area over time, sourced from the HPI. The four REDWOOD sales between May 2001 and August 2018 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 July 2011 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the August 2018 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might REDWOOD be worth now?

REDWOOD might now be worth an estimated £664,439.

This is based on house price inflation of 14.6%, between August 2018 and February 2025, for detached houses, in the South Cambridgeshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.6% inflationary increase is applied to the most recent sale price for REDWOOD of £580,000 on 2nd August 2018. For the value to have increased from £580,000 to £664,439 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of REDWOOD has moved in line with the HPI for detached houses in the South Cambridgeshire local authority area.
• The August 2018 sale price of £580,000 represented a fair market value for the property.
• The size, condition, and specification of REDWOOD has not materially changed since August 2018.

How Large is REDWOOD?

REDWOOD is 147m², which includes one extension, according to the EPC inspection conducted in March 2017. This puts it in the smallest 40% of detached houses houses in Little Eversden, based on EPC data. The below chart shows the distribution of detached houses houses by size in Little Eversden, and where REDWOOD lies on this distribution: 35% of detached houses houses are smaller than REDWOOD, and 61% of houses are larger. Note that EPC data is not available for all properties in Little Eversden.

REDWOOD: Plot and Title Map

REDWOOD sits on a plot of roughly 0.133 of an acre, or 538m². The below map shows the location of REDWOOD, 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 REDWOOD). 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 REDWOOD?

REDWOOD is located on WHEELERS WAY in LITTLE EVERSDEN, in the CB23 postcode district. The below map shows the position of REDWOOD on WHEELERS WAY.