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
22 CEDARWOOD DRIVE is a very large detached house of 152m², built sometime between 1996 and 2002. It was last sold for £242,500 in May 2017, which was around 1% above the average May 2017 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was February 2017, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 22 CEDARWOOD DRIVE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. All of the four 22 CEDARWOOD 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 |
---|---|---|---|
2017 31 MAY | £242,500 | £239,054 | 1% above HPI |
2017 24 MAR | £250,000 | £243,348 | 3% above HPI |
2002 10 JUL | £135,000 | £133,114 | 1% above HPI |
1997 26 SEP | £94,500 | £78,242 | 21% above HPI |
The below graph shows the average detached house price in the Telford and Wrekin local authority area over time, sourced from the HPI. The four 22 CEDARWOOD DRIVE sales between September 1997 and May 2017 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 2017 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the May 2017 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.
22 CEDARWOOD DRIVE is 152m² according to the EPC inspection conducted in February 2017. This puts it in the largest 20% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 22 CEDARWOOD DRIVE lies on this distribution: 85% of detached houses are smaller than 22 CEDARWOOD DRIVE, and 14% of houses are larger. Note that EPC data is not available for all properties in Telford.
22 CEDARWOOD DRIVE sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 22 CEDARWOOD 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 22 CEDARWOOD 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.
22 CEDARWOOD DRIVE is located in MUXTON, in the TF2 postcode district. The below map shows the position of No. 22 on CEDARWOOD DRIVE.