7, CEDARWOOD DRIVE, MUXTON, TELFORD, TF2 8SH - £235,000

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

7 CEDARWOOD DRIVE is a small extended detached house of 90m², built sometime between 1996 and 2002. It was last sold for £235,000 in December 2020, which was around 16% below the average December 2020 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was C.

7 CEDARWOOD DRIVE Sold Prices

Land registry data shows six sales for 7 CEDARWOOD DRIVE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. Most of the six 7 CEDARWOOD 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 1 DEC	£235,000	£280,621	16% below HPI
2013 29 NOV	£175,000	£210,169	17% below HPI
2006 6 DEC	£177,500	£219,166	19% below HPI
2002 21 JUN	£119,000	£130,182	9% below HPI
1998 29 JUN	£70,500	£79,722	12% below HPI
1997 22 MAY	£77,950	£74,042	5% above HPI

7 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 six 7 CEDARWOOD DRIVE sales between May 1997 and December 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 November 2013 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the December 2020 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 7 CEDARWOOD DRIVE?

7 CEDARWOOD DRIVE is 90m², which includes one extension, according to the EPC inspection conducted in March 2013. This puts it in the smallest 30% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 7 CEDARWOOD DRIVE lies on this distribution: 21% of detached houses are smaller than 7 CEDARWOOD DRIVE, and 79% of houses are larger. Note that EPC data is not available for all properties in Telford.

7 CEDARWOOD DRIVE: Plot and Title Map

7 CEDARWOOD DRIVE sits on a plot of roughly 0.090 of an acre, or 362m². The below map shows the location of 7 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 7 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 7 CEDARWOOD DRIVE?

7 CEDARWOOD DRIVE is located in MUXTON, in the TF2 postcode district. The below map shows the position of No. 7 on CEDARWOOD DRIVE.