1, CHERRY TREE DRIVE, BARWELL, LEICESTER, LE9 8LQ - £200,000

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.

1 CHERRY TREE DRIVE is a large detached house of 112m², built sometime between 1996 and 2002, which could now be worth an estimated £330,984. It was last sold for £200,000 in June 2015, which was around 13% below the average June 2015 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was B.

1 CHERRY TREE DRIVE Sold Prices

Land registry data shows two sales for 1 CHERRY TREE DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. Both of the two 1 CHERRY TREE 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
2015 12 JUN	£200,000	£230,251	13% below HPI
2008 11 JAN	£180,000	£224,086	20% below HPI

1 CHERRY TREE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Hinckley and Bosworth local authority area over time, sourced from the HPI. The two 1 CHERRY TREE DRIVE sales from January 2008 and June 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 January 2008 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the June 2015 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 1 CHERRY TREE DRIVE be worth now?

1 CHERRY TREE DRIVE might now be worth an estimated £330,984.

This is based on house price inflation of 65.5%, between June 2015 and February 2025, for detached houses, in the Hinckley and Bosworth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 65.5% inflationary increase is applied to the most recent sale price for 1 CHERRY TREE DRIVE of £200,000 on 12th June 2015. For the value to have increased from £200,000 to £330,984 over the ten years and four months to February 2025, the following assumptions must hold true:

• The value of 1 CHERRY TREE DRIVE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The June 2015 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 1 CHERRY TREE DRIVE has not materially changed since June 2015.

How Large is 1 CHERRY TREE DRIVE?

1 CHERRY TREE DRIVE is 112m² according to the EPC inspection conducted in February 2015. This puts it in the largest 40% of detached houses houses in Barwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Barwell, and where 1 CHERRY TREE DRIVE lies on this distribution: 67% of detached houses houses are smaller than 1 CHERRY TREE DRIVE, and 32% of houses are larger. Note that EPC data is not available for all properties in Barwell.

1 CHERRY TREE DRIVE: Plot and Title Map

1 CHERRY TREE DRIVE sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 1 CHERRY TREE 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 1 CHERRY TREE 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 1 CHERRY TREE DRIVE?

1 CHERRY TREE DRIVE is located in BARWELL, in the LE9 postcode district. The below map shows the position of No. 1 on CHERRY TREE DRIVE.