18, CEDAR DRIVE, PRESTON, WEYMOUTH, DT3 6DT - £300,000

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

18 CEDAR DRIVE is a small extended detached house of 92m², built sometime between 1950 and 1966. It was last sold for £300,000 in June 2019, which was around 28% below the average June 2019 detached price in the Dorset local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

18 CEDAR DRIVE Sold Prices

Land registry data shows three sales for 18 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 18 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
2019 6 JUN	£300,000	£415,591	28% below HPI
2006 31 MAR	£217,000	£288,937	25% below HPI
2005 28 OCT	£200,000	£292,587	32% below HPI

18 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 18 CEDAR DRIVE sales between October 2005 and June 2019 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 March 2006 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2019 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 18 CEDAR DRIVE?

18 CEDAR DRIVE is 92m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the smallest 30% of detached houses in Weymouth, based on EPC data. The below chart shows the distribution of detached houses by size in Weymouth, and where 18 CEDAR DRIVE lies on this distribution: 28% of detached houses are smaller than 18 CEDAR DRIVE, and 71% of houses are larger. Note that EPC data is not available for all properties in Weymouth.

18 CEDAR DRIVE: Plot and Title Map

18 CEDAR DRIVE sits on a plot of roughly 0.112 of an acre, or 454m². The below map shows the location of 18 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 18 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 18 CEDAR DRIVE?

18 CEDAR DRIVE is located in PRESTON, in the DT3 postcode district. The below map shows the position of No. 18 on CEDAR DRIVE.