18, CEDARS DRIVE, SHREWSBURY, SY1 2RD - £445,000

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 CEDARS DRIVE is a midsized detached house of 116m², built sometime between 1976 and 1982. It was last sold for £445,000 in November 2022, which was around 13% above the average November 2022 detached price in the Shropshire local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was C.

18 CEDARS DRIVE Sold Prices

Land registry data shows two sales for 18 CEDARS 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 Shropshire local authority area for the corresponding sale date. One of the two 18 CEDARS DRIVE sales was for above the average price, whilst the other was 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
2022 4 NOV	£445,000	£394,615	13% above HPI
2019 28 AUG	£285,000	£306,941	7% below HPI

18 CEDARS DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The two 18 CEDARS DRIVE sales from August 2019 and November 2022 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 August 2019 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the November 2022 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 18 CEDARS DRIVE?

18 CEDARS DRIVE is 116m² according to the EPC inspection conducted in January 2018. This puts it in the largest 50% of detached houses in Shrewsbury, based on EPC data. The below chart shows the distribution of detached houses by size in Shrewsbury, and where 18 CEDARS DRIVE lies on this distribution: 51% of detached houses are smaller than 18 CEDARS DRIVE, and 48% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

18 CEDARS DRIVE: Plot and Title Map

18 CEDARS DRIVE sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 18 CEDARS 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 CEDARS 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 CEDARS DRIVE?

18 CEDARS DRIVE is located in SHREWSBURY, in the SY1 postcode district. The below map shows the position of No. 18 on CEDARS DRIVE.