15, CEDAR DRIVE, PRESTON, WEYMOUTH, DT3 6DT - £450,000

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

15 CEDAR DRIVE is a small extended detached house of 99m², built sometime between 1976 and 1982. It was last sold for £450,000 in January 2023, which was around 14% below the average January 2023 detached price in the Dorset local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

15 CEDAR DRIVE Sold Prices

Land registry data shows two sales for 15 CEDAR 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 Dorset local authority area for the corresponding sale date. Both of the two 15 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
2023 31 JAN	£450,000	£525,289	14% below HPI
2017 27 NOV	£230,000	£426,965	46% below HPI

15 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 two 15 CEDAR DRIVE sales from November 2017 and January 2023 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 2017 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the January 2023 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 15 CEDAR DRIVE?

15 CEDAR DRIVE is 99m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 40% of detached houses in Weymouth, based on EPC data. The below chart shows the distribution of detached houses by size in Weymouth, and where 15 CEDAR DRIVE lies on this distribution: 37% of detached houses are smaller than 15 CEDAR DRIVE, and 62% of houses are larger. Note that EPC data is not available for all properties in Weymouth.

15 CEDAR DRIVE: Plot and Title Map

15 CEDAR DRIVE sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 15 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 15 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 15 CEDAR DRIVE?

15 CEDAR DRIVE is located in PRESTON, in the DT3 postcode district. The below map shows the position of No. 15 on CEDAR DRIVE.