4, CEDARS DRIVE, SHREWSBURY, SY1 2RB - £287,500

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

4 CEDARS DRIVE is a small detached house of 91m², built sometime between 1976 and 1982. It was last sold for £287,500 in April 2021, which was around 15% below the average April 2021 detached price in the Shropshire local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

4 CEDARS DRIVE Sold Prices

Land registry data shows three sales for 4 CEDARS 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 Shropshire local authority area for the corresponding sale date. All of the three 4 CEDARS 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
2021 16 APR	£287,500	£336,754	15% below HPI
2006 9 JUN	£225,000	£254,316	12% below HPI
2001 12 OCT	£100,000	£142,362	30% below HPI

4 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 three 4 CEDARS DRIVE sales between October 2001 and April 2021 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 June 2006 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the April 2021 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 4 CEDARS DRIVE?

4 CEDARS DRIVE is 91m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 30% of detached houses in Shrewsbury, based on EPC data. The below chart shows the distribution of detached houses by size in Shrewsbury, and where 4 CEDARS DRIVE lies on this distribution: 21% of detached houses are smaller than 4 CEDARS DRIVE, and 78% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

4 CEDARS DRIVE: Plot and Title Map

4 CEDARS DRIVE sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 4 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 4 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 4 CEDARS DRIVE?

4 CEDARS DRIVE is located in SHREWSBURY, in the SY1 postcode district. The below map shows the position of No. 4 on CEDARS DRIVE.