17, CEDAR DRIVE, IMMINGHAM, DN40 2JE - £138,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

17 CEDAR DRIVE is a midsized detached house of 90m², built sometime between 1967 and 1975, which could now be worth an estimated £180,061. It was last sold for £138,000 in June 2017, which was around 25% below the average June 2017 detached price in the North East Lincolnshire 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.

17 CEDAR DRIVE Sold Prices

Land registry data shows three sales for 17 CEDAR 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 North East Lincolnshire local authority area for the corresponding sale date. All of the three 17 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
2017 16 JUN	£138,000	£184,262	25% below HPI
2013 4 OCT	£120,000	£162,777	26% below HPI
2005 1 AUG	£128,000	£145,112	12% below HPI

17 CEDAR DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North East Lincolnshire local authority area over time, sourced from the HPI. The three 17 CEDAR DRIVE sales between August 2005 and June 2017 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 2013 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the June 2017 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 17 CEDAR DRIVE be worth now?

17 CEDAR DRIVE might now be worth an estimated £180,061.

This is based on house price inflation of 30.5%, between June 2017 and May 2026, for detached houses, in the North East Lincolnshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30.5% inflationary increase is applied to the most recent sale price for 17 CEDAR DRIVE of £138,000 on 16th June 2017. For the value to have increased from £138,000 to £180,061 over the nine years and one month to May 2026, the following assumptions must hold true:

• The value of 17 CEDAR DRIVE has moved in line with the HPI for detached houses in the North East Lincolnshire local authority area.
• The June 2017 sale price of £138,000 represented a fair market value for the property.
• The size, condition, and specification of 17 CEDAR DRIVE has not materially changed since June 2017.

How Large is 17 CEDAR DRIVE?

17 CEDAR DRIVE is 90m² according to the EPC inspection conducted in August 2012. This puts it in the smallest 50% of detached houses houses in Immingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Immingham, and where 17 CEDAR DRIVE lies on this distribution: 40% of detached houses houses are smaller than 17 CEDAR DRIVE, and 59% of houses are larger. Note that EPC data is not available for all properties in Immingham.

17 CEDAR DRIVE: Plot and Title Map

17 CEDAR DRIVE sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 17 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 17 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.

Where is 17 CEDAR DRIVE?

17 CEDAR DRIVE is located in IMMINGHAM, in the DN40 postcode district. The below map shows the position of No. 17 on CEDAR DRIVE.