Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources
7 CEDAR DRIVE is a very small extended detached house of 55m², built sometime between 1991 and 1995. It was last sold for £52,500 in March 1998, which was around 10% below the average March 1998 detached price in the South Holland local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 7 CEDAR DRIVE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. Both of the two 7 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 |
---|---|---|---|
1998 2 MAR | £52,500 | £58,632 | 10% below HPI |
1996 25 OCT | £48,250 | £55,475 | 13% below HPI |
The below graph shows the average detached house price in the South Holland local authority area over time, sourced from the HPI. The two 7 CEDAR DRIVE sales from October 1996 and March 1998 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 1996 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the March 1998 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.
7 CEDAR DRIVE is 55m², which includes one extension, according to the EPC inspection conducted in August 2012. This puts it in the smallest 10% of detached houses in Holbeach, based on EPC data. The below chart shows the distribution of detached houses by size in Holbeach, and where 7 CEDAR DRIVE lies on this distribution: 1% of detached houses are smaller than 7 CEDAR DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Holbeach.
7 CEDAR DRIVE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 7 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 7 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.
7 CEDAR DRIVE is located in HOLBEACH, in the PE12 postcode district. The below map shows the position of No. 7 on CEDAR DRIVE.