1, CHERRY WAY, HAZLEMERE, HIGH WYCOMBE, HP15 7HD - £550,000

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 WAY is a very large extended detached house of 175m², built sometime between 1950 and 1966, which could now be worth an estimated £630,522. It was last sold for £550,000 in June 2018, which was around 25% below the average June 2018 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was October 2014, where the current energy rating was E, and the potential energy rating was C.

1 CHERRY WAY Sold Prices

Land registry data shows three sales for 1 CHERRY WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Buckinghamshire local authority area for the corresponding sale date. All of the three 1 CHERRY WAY 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
2018 13 JUN	£550,000	£738,126	25% below HPI
2006 9 JUN	£312,500	£436,732	28% below HPI
1998 6 FEB	£177,000	£207,853	15% below HPI

1 CHERRY WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Buckinghamshire local authority area over time, sourced from the HPI. The three 1 CHERRY WAY sales between February 1998 and June 2018 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 June 2006 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the June 2018 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 1 CHERRY WAY be worth now?

1 CHERRY WAY might now be worth an estimated £630,522.

This is based on house price inflation of 14.6%, between June 2018 and February 2025, for detached houses, in the Buckinghamshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.6% inflationary increase is applied to the most recent sale price for 1 CHERRY WAY of £550,000 on 13th June 2018. For the value to have increased from £550,000 to £630,522 over the seven years and four months to February 2025, the following assumptions must hold true:

• The value of 1 CHERRY WAY has moved in line with the HPI for detached houses in the Buckinghamshire local authority area.
• The June 2018 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 1 CHERRY WAY has not materially changed since June 2018.

How Large is 1 CHERRY WAY?

1 CHERRY WAY is 175m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the largest 20% of detached houses houses in Hazlemere, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hazlemere, and where 1 CHERRY WAY lies on this distribution: 82% of detached houses houses are smaller than 1 CHERRY WAY, and 17% of houses are larger. Note that EPC data is not available for all properties in Hazlemere.

1 CHERRY WAY: Plot and Title Map

1 CHERRY WAY sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 1 CHERRY WAY, 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 WAY). 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 WAY?

1 CHERRY WAY is located in HAZLEMERE, in the HP15 postcode district. The below map shows the position of No. 1 on CHERRY WAY.