12, CHERRY TREE DRIVE, EASTERGATE, CHICHESTER, PO20 3RR - £235,000

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

12 CHERRY TREE DRIVE is a very small detached house of 72m², built sometime between 1976 and 1982. It was last sold for £235,000 in December 2008, which was around 20% below the average December 2008 detached price in the Arun local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

12 CHERRY TREE DRIVE Sold Prices

Land registry data shows two sales for 12 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 Arun local authority area for the corresponding sale date. Both of the two 12 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
2008 12 DEC	£235,000	£292,570	20% below HPI
2003 10 JUL	£184,950	£265,815	30% below HPI

12 CHERRY TREE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The two 12 CHERRY TREE DRIVE sales from July 2003 and December 2008 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 July 2003 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the December 2008 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 12 CHERRY TREE DRIVE?

12 CHERRY TREE DRIVE is 72m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 20% of detached houses in Eastergate, based on EPC data. The below chart shows the distribution of detached houses by size in Eastergate, and where 12 CHERRY TREE DRIVE lies on this distribution: 13% of detached houses are smaller than 12 CHERRY TREE DRIVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Eastergate.

12 CHERRY TREE DRIVE: Plot and Title Map

12 CHERRY TREE DRIVE sits on a plot of roughly 0.086 of an acre, or 346m². The below map shows the location of 12 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 12 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 12 CHERRY TREE DRIVE?

12 CHERRY TREE DRIVE is located in EASTERGATE, in the PO20 postcode district. The below map shows the position of No. 12 on CHERRY TREE DRIVE.