12, CHERRY TREE CLOSE, MUNDFORD, THETFORD, IP26 5JD - £129,950

12 CHERRY TREE CLOSE is a very small detached house of 72m², built sometime between 1991 and 1995. It was last sold for £129,950 in October 2011, which was around 39% below the average October 2011 detached price in the Breckland local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

12 CHERRY TREE CLOSE Sold Prices

Land registry data shows three sales for 12 CHERRY TREE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the three 12 CHERRY TREE CLOSE 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
2011 11 OCT	£129,950	£214,089	39% below HPI
1999 29 JUL	£69,000	£83,250	17% below HPI
1996 25 OCT	£56,000	£68,865	19% below HPI

12 CHERRY TREE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Breckland local authority area over time, sourced from the HPI. The three 12 CHERRY TREE CLOSE sales between October 1996 and October 2011 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 1999 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the October 2011 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 12 CHERRY TREE CLOSE?

12 CHERRY TREE CLOSE is 72m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 20% of detached houses in Mundford, based on EPC data. The below chart shows the distribution of detached houses by size in Mundford, and where 12 CHERRY TREE CLOSE lies on this distribution: 15% of detached houses are smaller than 12 CHERRY TREE CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Mundford.

12 CHERRY TREE CLOSE: Plot and Title Map

12 CHERRY TREE CLOSE sits on a plot of roughly 0.130 of an acre, or 528m². The below map shows the location of 12 CHERRY TREE CLOSE, 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 12 CHERRY TREE CLOSE). 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 12 CHERRY TREE CLOSE?

12 CHERRY TREE CLOSE is located in MUNDFORD, in the IP26 postcode district. The below map shows the position of No. 12 on CHERRY TREE CLOSE.