8, CEDAR DRIVE, KEYWORTH, NOTTINGHAM, NG12 5AB - £347,500

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.

8 CEDAR DRIVE is a very small detached house of 74m², built sometime between 1967 and 1975, which could now be worth an estimated £467,069. It was last sold for £347,500 in October 2018, which was around 8% below the average October 2018 detached price in the Rushcliffe local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

8 CEDAR DRIVE Sold Prices

Land registry data shows four sales for 8 CEDAR DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. Most of the four 8 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
2018 1 OCT	£347,500	£376,626	8% below HPI
2001 7 SEP	£160,000	£157,470	2% above HPI
1999 26 NOV	£120,000	£121,320	1% below HPI
1998 30 APR	£77,000	£102,843	25% below HPI

8 CEDAR DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The four 8 CEDAR DRIVE sales between April 1998 and October 2018 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 September 2001 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the October 2018 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 8 CEDAR DRIVE be worth now?

8 CEDAR DRIVE might now be worth an estimated £467,069.

This is based on house price inflation of 34.4%, between October 2018 and March 2025, for detached houses, in the Rushcliffe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 34.4% inflationary increase is applied to the most recent sale price for 8 CEDAR DRIVE of £347,500 on 1st October 2018. For the value to have increased from £347,500 to £467,069 over the seven years and seven months to March 2025, the following assumptions must hold true:

• The value of 8 CEDAR DRIVE has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The October 2018 sale price of £347,500 represented a fair market value for the property.
• The size, condition, and specification of 8 CEDAR DRIVE has not materially changed since October 2018.

How Large is 8 CEDAR DRIVE?

8 CEDAR DRIVE is 74m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 20% of detached houses houses in Keyworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Keyworth, and where 8 CEDAR DRIVE lies on this distribution: 11% of detached houses houses are smaller than 8 CEDAR DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Keyworth.

8 CEDAR DRIVE: Plot and Title Map

8 CEDAR DRIVE sits on a plot of roughly 0.156 of an acre, or 631m². The below map shows the location of 8 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 8 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 8 CEDAR DRIVE?

8 CEDAR DRIVE is located in KEYWORTH, in the NG12 postcode district. The below map shows the position of No. 8 on CEDAR DRIVE.