24, CEDAR DRIVE, TORPOINT, PL11 2QQ - £118,000

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.

24 CEDAR DRIVE is a very small terraced house of 42m², built sometime between 1983 and 1990, which could now be worth an estimated £126,098. It was last sold for £118,000 in June 2021, which was around 45% below the average June 2021 terraced price in the Cornwall local authority area. The most recent EPC inspection was May 2019, where the current energy rating was E, and the potential energy rating was A.

24 CEDAR DRIVE Sold Prices

Land registry data shows four sales for 24 CEDAR DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Cornwall local authority area for the corresponding sale date. All of the four 24 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
2021 30 JUN	£118,000	£214,354	45% below HPI
2019 15 JUL	£100,000	£182,857	45% below HPI
2002 8 MAR	£43,585	£74,106	41% below HPI
2000 14 JUL	£34,000	£56,732	40% below HPI

24 CEDAR DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Cornwall local authority area over time, sourced from the HPI. The four 24 CEDAR DRIVE sales between July 2000 and June 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 July 2019 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the June 2021 sale, which was also at 45% below the HPI.

What might 24 CEDAR DRIVE be worth now?

24 CEDAR DRIVE might now be worth an estimated £126,098.

This is based on house price inflation of 6.9%, between June 2021 and April 2026, for terraced houses, in the Cornwall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.9% inflationary increase is applied to the most recent sale price for 24 CEDAR DRIVE of £118,000 on 30th June 2021. For the value to have increased from £118,000 to £126,098 over the five years and two months to April 2026, the following assumptions must hold true:

• The value of 24 CEDAR DRIVE has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The June 2021 sale price of £118,000 represented a fair market value for the property.
• The size, condition, and specification of 24 CEDAR DRIVE has not materially changed since June 2021.

How Large is 24 CEDAR DRIVE?

24 CEDAR DRIVE is 42m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 10% of terraced houses houses in Torpoint, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Torpoint, and where 24 CEDAR DRIVE lies on this distribution: Less than 1% of terraced houses houses are smaller than 24 CEDAR DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Torpoint.

24 CEDAR DRIVE: Plot and Title Map

24 CEDAR DRIVE sits on a plot of roughly 0.019 of an acre, or 78m². The below map shows the location of 24 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 24 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 24 CEDAR DRIVE?

24 CEDAR DRIVE is located in TORPOINT, in the PL11 postcode district. The below map shows the position of No. 24 on CEDAR DRIVE.