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
5 CEDAR AVENUE is a very large extended detached house of 155m², built sometime before 1900. It was last sold for £114,000 in September 1999, which was around 34% above the average September 1999 detached price in the Broxtowe local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was A.
Land registry data shows two sales for 5 CEDAR AVENUE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broxtowe local authority area for the corresponding sale date. One of the two 5 CEDAR AVENUE 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 |
---|---|---|---|
1999 1 SEP | £114,000 | £85,167 | 34% above HPI |
1999 7 JAN | £53,000 | £79,052 | 33% below HPI |
The below graph shows the average detached house price in the Broxtowe local authority area over time, sourced from the HPI. The two 5 CEDAR AVENUE sales from January 1999 and September 1999 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 January 1999 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the September 1999 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.
5 CEDAR AVENUE is 155m², which includes one extension, according to the EPC inspection conducted in September 2023. This puts it in the largest 20% of detached houses in Beeston, based on EPC data. The below chart shows the distribution of detached houses by size in Beeston, and where 5 CEDAR AVENUE lies on this distribution: 82% of detached houses are smaller than 5 CEDAR AVENUE, and 17% of houses are larger. Note that EPC data is not available for all properties in Beeston.
5 CEDAR AVENUE sits on a plot of roughly 0.085 of an acre, or 346m². The below map shows the location of 5 CEDAR AVENUE, 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 5 CEDAR AVENUE). 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.
5 CEDAR AVENUE is located in BEESTON, in the NG9 postcode district. The below map shows the position of No. 5 on CEDAR AVENUE.