1, CHERRY TREE CLOSE, YAXLEY, EYE, IP23 8DH - £300,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 CHERRY TREE CLOSE is a very small detached house of 73m², built sometime between 1996 and 2002. It was last sold for £300,000 in October 2021, which was around 28% below the average October 2021 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was B.

1 CHERRY TREE CLOSE Sold Prices

Land registry data shows four sales for 1 CHERRY TREE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the four 1 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
2021 5 OCT	£300,000	£416,323	28% below HPI
2007 2 NOV	£193,000	£285,737	32% below HPI
2003 17 APR	£161,000	£198,932	19% below HPI
2002 24 MAY	£120,000	£173,847	31% below HPI

1 CHERRY TREE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The four 1 CHERRY TREE CLOSE sales between May 2002 and October 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 November 2007 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the October 2021 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 1 CHERRY TREE CLOSE be worth now?

1 CHERRY TREE CLOSE might now be worth an estimated £317,905.

This is based on house price inflation of 6%, between October 2021 and December 2024, for detached houses, in the Mid Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6% inflationary increase is applied to the most recent sale price for 1 CHERRY TREE CLOSE of £300,000 on 5th October 2021. For the value to have increased from £300,000 to £317,905 over the two years and ten months to December 2024, the following assumptions must hold true:

• The value of 1 CHERRY TREE CLOSE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The October 2021 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 1 CHERRY TREE CLOSE has not materially changed since October 2021.

How Large is 1 CHERRY TREE CLOSE?

1 CHERRY TREE CLOSE is 73m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 10% of detached houses houses in Yaxley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Yaxley, and where 1 CHERRY TREE CLOSE lies on this distribution: 3% of detached houses houses are smaller than 1 CHERRY TREE CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Yaxley.

1 CHERRY TREE CLOSE: Plot and Title Map

1 CHERRY TREE CLOSE sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 1 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 1 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 1 CHERRY TREE CLOSE?

1 CHERRY TREE CLOSE is located in YAXLEY, in the IP23 postcode district. The below map shows the position of No. 1 on CHERRY TREE CLOSE.