5, CEDARWOOD DRIVE, MUXTON, TELFORD, TF2 8SH - £287,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 CEDARWOOD DRIVE is a large extended detached house of 126m², built sometime between 1996 and 2002. It was last sold for £287,500 in September 2021, which was around 4% below the average September 2021 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was B.

5 CEDARWOOD DRIVE Sold Prices

Land registry data shows three sales for 5 CEDARWOOD 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 Telford and Wrekin local authority area for the corresponding sale date. Two of the three 5 CEDARWOOD DRIVE sales were for below the average price, whilst one was for above 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 23 SEP	£287,500	£300,819	4% below HPI
2003 10 JAN	£139,950	£152,917	8% below HPI
1997 11 JUL	£93,950	£76,536	23% above HPI

5 CEDARWOOD DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Telford and Wrekin local authority area over time, sourced from the HPI. The three 5 CEDARWOOD DRIVE sales between July 1997 and September 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 January 2003 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the September 2021 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 5 CEDARWOOD DRIVE?

5 CEDARWOOD DRIVE is 126m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the largest 40% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 5 CEDARWOOD DRIVE lies on this distribution: 67% of detached houses are smaller than 5 CEDARWOOD DRIVE, and 32% of houses are larger. Note that EPC data is not available for all properties in Telford.

5 CEDARWOOD DRIVE: Plot and Title Map

5 CEDARWOOD DRIVE sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 5 CEDARWOOD 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 CEDARWOOD 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 CEDARWOOD DRIVE?

5 CEDARWOOD DRIVE is located in MUXTON, in the TF2 postcode district. The below map shows the position of No. 5 on CEDARWOOD DRIVE.