2, CEDAR DRIVE, STRAMSHALL, UTTOXETER, ST14 5BA - £275,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 CEDAR DRIVE is a midsized extended detached house of 123m², built sometime between 1950 and 1966. It was last sold for £275,000 in January 2018, which was around 2% above the average January 2018 detached price in the East Staffordshire local authority area. The most recent EPC inspection was March 2017, where the current energy rating was E, and the potential energy rating was C.

2 CEDAR DRIVE Sold Prices

Land registry data shows three sales for 2 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 East Staffordshire local authority area for the corresponding sale date. All of the three 2 CEDAR DRIVE sales were for above 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 17 JAN	£275,000	£268,392	2% above HPI
2007 5 JUL	£323,500	£230,476	40% above HPI
2002 18 SEP	£162,000	£133,730	21% above HPI

2 CEDAR DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Staffordshire local authority area over time, sourced from the HPI. The three 2 CEDAR DRIVE sales between September 2002 and January 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 2007 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the January 2018 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 2 CEDAR DRIVE?

2 CEDAR DRIVE is 123m², which includes one extension, according to the EPC inspection conducted in March 2017. This puts it in the smallest 50% of detached houses in Stramshall, based on EPC data. The below chart shows the distribution of detached houses by size in Stramshall, and where 2 CEDAR DRIVE lies on this distribution: 48% of detached houses are smaller than 2 CEDAR DRIVE, and 52% of houses are larger. Note that EPC data is not available for all properties in Stramshall.

2 CEDAR DRIVE: Plot and Title Map

2 CEDAR DRIVE sits on a plot of roughly 0.175 of an acre, or 709m². The below map shows the location of 2 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 2 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 2 CEDAR DRIVE?

2 CEDAR DRIVE is located in STRAMSHALL, in the ST14 postcode district. The below map shows the position of No. 2 on CEDAR DRIVE.