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 large extended detached house of 121m², built sometime between 1996 and 2002. It was last sold for £425,000 in April 2024, which was around 2% above the average April 2024 detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2017, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 5 CEDAR DRIVE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Two of the three 5 CEDAR DRIVE sales were for above the average price, whilst one 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 |
---|---|---|---|
2024 12 APR | £425,000 | £417,473 | 2% above HPI |
2020 28 OCT | £363,000 | £373,131 | 3% below HPI |
2000 18 JAN | £106,950 | £104,073 | 3% above HPI |
The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The three 5 CEDAR DRIVE sales between January 2000 and April 2024 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 October 2020 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the April 2024 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.
5 CEDAR DRIVE is 121m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the largest 30% of detached houses in Worlingham, based on EPC data. The below chart shows the distribution of detached houses by size in Worlingham, and where 5 CEDAR DRIVE lies on this distribution: 77% of detached houses are smaller than 5 CEDAR DRIVE, and 22% of houses are larger. Note that EPC data is not available for all properties in Worlingham.
5 CEDAR DRIVE sits on a plot of roughly 0.106 of an acre, or 428m². 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.
5 CEDAR DRIVE is located in WORLINGHAM, in the NR34 postcode district. The below map shows the position of No. 5 on CEDAR DRIVE.