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 DRIVE is a midsized extended detached house of 141m², built sometime between 1950 and 1966. It was last sold for £530,000 in June 2022, which was around 9% below the average June 2022 detached price in the South Hams local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 1 CHERRY TREE DRIVE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Hams local authority area for the corresponding sale date. All of the three 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 |
---|---|---|---|
2022 17 JUN | £530,000 | £580,305 | 9% below HPI |
2013 19 AUG | £220,000 | £367,588 | 40% below HPI |
2000 25 FEB | £110,000 | £143,600 | 23% below HPI |
The below graph shows the average detached house price in the South Hams local authority area over time, sourced from the HPI. The three 1 CHERRY TREE DRIVE sales between February 2000 and June 2022 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 August 2013 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the June 2022 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.
1 CHERRY TREE DRIVE is 141m², which includes four extensions, according to the EPC inspection conducted in November 2021. This puts it in the largest 50% of detached houses in Brixton, based on EPC data. The below chart shows the distribution of detached houses by size in Brixton, and where 1 CHERRY TREE DRIVE lies on this distribution: 59% of detached houses are smaller than 1 CHERRY TREE DRIVE, and 41% of houses are larger. Note that EPC data is not available for all properties in Brixton.
1 CHERRY TREE DRIVE sits on a plot of roughly 0.129 of an acre, or 524m². 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.
1 CHERRY TREE DRIVE is located in BRIXTON, in the PL8 postcode district. The below map shows the position of No. 1 on CHERRY TREE DRIVE.