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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 CEDARS DRIVE is a small detached house of 91m², built sometime between 1976 and 1982, which could now be worth an estimated £346,572. It was last sold for £287,500 in April 2021, which was around 17% 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	£346,160	17% below HPI
2006 9 JUN	£225,000	£261,420	14% below HPI
2001 12 OCT	£100,000	£146,339	32% 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 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the April 2021 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 4 CEDARS DRIVE be worth now?

4 CEDARS DRIVE might now be worth an estimated £346,572.

This is based on house price inflation of 20.5%, between April 2021 and February 2025, for detached houses, in the Shropshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.5% inflationary increase is applied to the most recent sale price for 4 CEDARS DRIVE of £287,500 on 16th April 2021. For the value to have increased from £287,500 to £346,572 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of 4 CEDARS DRIVE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The April 2021 sale price of £287,500 represented a fair market value for the property.
• The size, condition, and specification of 4 CEDARS DRIVE has not materially changed since April 2021.

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 houses in Shrewsbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shrewsbury, and where 4 CEDARS DRIVE lies on this distribution: 21% of detached houses 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.