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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). 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 26% 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	£406,742	26% below HPI
2007 2 NOV	£193,000	£279,161	31% below HPI
2003 17 APR	£161,000	£194,353	17% below HPI
2002 24 MAY	£120,000	£169,846	29% 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 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the October 2021 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

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 in Yaxley, based on EPC data. The below chart shows the distribution of detached houses by size in Yaxley, and where 1 CHERRY TREE CLOSE lies on this distribution: 3% of detached 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.