5, CEDAR DRIVE, PORTLAND, DT5 2EJ - £224,000

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

5 CEDAR DRIVE is a very small detached house of 65m², built sometime between 1991 and 1995. It was last sold for £224,000 in May 2020, which was around 47% below the average May 2020 detached price in the Dorset local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was C.

5 CEDAR DRIVE Sold Prices

Land registry data shows four sales for 5 CEDAR DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. All of the four 5 CEDAR 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
2020 29 MAY	£224,000	£425,560	47% below HPI
2002 28 MAR	£118,000	£194,884	39% below HPI
1999 14 JUL	£68,000	£133,274	49% below HPI
1995 6 NOV	£59,000	£93,637	37% below HPI

5 CEDAR DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Dorset local authority area over time, sourced from the HPI. The four 5 CEDAR DRIVE sales between November 1995 and May 2020 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 2002 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the May 2020 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 5 CEDAR DRIVE?

5 CEDAR DRIVE is 65m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 10% of detached houses in Southwell, based on EPC data. The below chart shows the distribution of detached houses by size in Southwell, and where 5 CEDAR DRIVE lies on this distribution: 7% of detached houses are smaller than 5 CEDAR DRIVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Southwell.

5 CEDAR DRIVE: Plot and Title Map

5 CEDAR DRIVE sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 5 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 5 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 5 CEDAR DRIVE?

5 CEDAR DRIVE is located in PORTLAND, in the DT5 postcode district. The below map shows the position of No. 5 on CEDAR DRIVE.