CEDAR RIDGE, 2, WERTH DRIVE, WOBURN SANDS, MILTON KEYNES, MK17 8TH - £380,000

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

CEDAR RIDGE is a very small detached house of 130m², built sometime between 1950 and 1966. It was last sold for £380,000 in October 2012, which was around 19% above the average October 2012 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was D.

CEDAR RIDGE Sold Prices

Land registry data shows three sales for CEDAR RIDGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. All of the three CEDAR RIDGE sales were 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
2012 15 OCT	£380,000	£320,509	19% above HPI
2004 6 JUL	£390,000	£280,861	39% above HPI
2003 11 AUG	£340,000	£270,759	26% above HPI

CEDAR RIDGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The three CEDAR RIDGE sales between August 2003 and October 2012 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 July 2004 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the October 2012 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is CEDAR RIDGE?

CEDAR RIDGE is 130m² according to the EPC inspection conducted in June 2009. This puts it in the smallest 20% of detached houses in Aspley Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Aspley Heath, and where CEDAR RIDGE lies on this distribution: 12% of detached houses are smaller than CEDAR RIDGE, and 88% of houses are larger. Note that EPC data is not available for all properties in Aspley Heath.

CEDAR RIDGE: Plot and Title Map

CEDAR RIDGE sits on a plot of roughly 0.159 of an acre, or 643m². The below map shows the location of CEDAR RIDGE, 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 CEDAR RIDGE). 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 CEDAR RIDGE?

CEDAR RIDGE is located on WERTH DRIVE in WOBURN SANDS, in the MK17 postcode district. The below map shows the position of CEDAR RIDGE on WERTH DRIVE.