12, CEDAR DRIVE, PRESTON, WEYMOUTH, DT3 6DT - £205,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

12 CEDAR DRIVE is a very small detached house of 57m², built sometime between 1950 and 1966. It was last sold for £205,000 in October 2013, which was around 39% below the average October 2013 detached price in the Dorset local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.

12 CEDAR DRIVE Sold Prices

Land registry data shows three sales for 12 CEDAR 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 Dorset local authority area for the corresponding sale date. All of the three 12 CEDAR DRIVE 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
2013 16 OCT	£205,000	£333,760	39% below HPI
2002 12 NOV	£165,000	£236,669	30% below HPI
1999 8 DEC	£93,000	£145,826	36% below HPI

12 CEDAR DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Dorset local authority area over time, sourced from the HPI. The three 12 CEDAR DRIVE sales between December 1999 and October 2013 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 2002 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the October 2013 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 12 CEDAR DRIVE?

12 CEDAR DRIVE is 57m² according to the EPC inspection conducted in October 2012. This puts it in the smallest 10% of detached houses in Weymouth, based on EPC data. The below chart shows the distribution of detached houses by size in Weymouth, and where 12 CEDAR DRIVE lies on this distribution: 1% of detached houses are smaller than 12 CEDAR DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Weymouth.

12 CEDAR DRIVE: Plot and Title Map

12 CEDAR DRIVE sits on a plot of roughly 0.108 of an acre, or 436m². The below map shows the location of 12 CEDAR 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 12 CEDAR 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 12 CEDAR DRIVE?

12 CEDAR DRIVE is located in PRESTON, in the DT3 postcode district. The below map shows the position of No. 12 on CEDAR DRIVE.