CHERRY TREE BUNGALOW, BURY BAR, NEWENT, GL18 1PT - £145,000

CHERRY TREE BUNGALOW is a very small detached house of 70m², built sometime between 1930 and 1949. It was last sold for £145,000 in July 2015, which was around 40% below the average July 2015 detached price in the Forest of Dean local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

CHERRY TREE BUNGALOW Sold Prices

Land registry data shows two sales for CHERRY TREE BUNGALOW since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Forest of Dean local authority area for the corresponding sale date. Both of the two CHERRY TREE BUNGALOW 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
2015 20 JUL	£145,000	£241,206	40% below HPI
2001 13 DEC	£129,950	£138,169	6% below HPI

CHERRY TREE BUNGALOW Price Paid vs. HPI Average

The below graph shows the average detached house price in the Forest of Dean local authority area over time, sourced from the HPI. The two CHERRY TREE BUNGALOW sales from December 2001 and July 2015 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 December 2001 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the July 2015 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is CHERRY TREE BUNGALOW?

CHERRY TREE BUNGALOW is 70m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 10% of detached houses in Newent, based on EPC data. The below chart shows the distribution of detached houses by size in Newent, and where CHERRY TREE BUNGALOW lies on this distribution: 7% of detached houses are smaller than CHERRY TREE BUNGALOW, and 92% of houses are larger. Note that EPC data is not available for all properties in Newent.

CHERRY TREE BUNGALOW: Plot and Title Map

CHERRY TREE BUNGALOW sits on a plot of roughly 0.120 of an acre, or 486m². The below map shows the location of CHERRY TREE BUNGALOW, 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 CHERRY TREE BUNGALOW). 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 CHERRY TREE BUNGALOW?

CHERRY TREE BUNGALOW is located on BURY BAR in NEWENT, in the GL18 postcode district. The below map shows the position of CHERRY TREE BUNGALOW on BURY BAR.