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
16 CHERRY TREE CLOSE is a very small detached house of 57m², built sometime between 1967 and 1975. It was last sold for £230,000 in July 2022, which was around 36% below the average July 2022 detached price in the Stafford local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows six sales for 16 CHERRY TREE CLOSE since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Stafford local authority area for the corresponding sale date. All of the six 16 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 |
---|---|---|---|
2022 22 JUL | £230,000 | £358,938 | 36% below HPI |
2015 24 AUG | £165,950 | £258,825 | 36% below HPI |
2014 25 MAR | £164,000 | £240,386 | 32% below HPI |
2000 26 SEP | £74,750 | £116,840 | 36% below HPI |
1996 19 JUN | £39,500 | £77,155 | 49% below HPI |
1996 26 JAN | £40,000 | £75,093 | 47% below HPI |
The below graph shows the average detached house price in the Stafford local authority area over time, sourced from the HPI. The six 16 CHERRY TREE CLOSE sales between January 1996 and July 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 2015 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the July 2022 sale, which was also at 36% below the HPI.
16 CHERRY TREE CLOSE is 57m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 10% of detached houses in Stone, based on EPC data. The below chart shows the distribution of detached houses by size in Stone, and where 16 CHERRY TREE CLOSE lies on this distribution: 3% of detached houses are smaller than 16 CHERRY TREE CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Stone.
16 CHERRY TREE CLOSE sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 16 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 16 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.
16 CHERRY TREE CLOSE is located in STONE, in the ST15 postcode district. The below map shows the position of No. 16 on CHERRY TREE CLOSE.