16, CHERRY TREE DRIVE, SOUTH OCKENDON, RM15 6TP - £247,500

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 DRIVE is a small detached house of 95m², built sometime between 1996 and 2002. It was last sold for £247,500 in November 2006, which was around 18% below the average November 2006 detached price in the Thurrock local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was B.

16 CHERRY TREE DRIVE Sold Prices

Land registry data shows three sales for 16 CHERRY TREE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Thurrock local authority area for the corresponding sale date. All of the three 16 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
2006 30 NOV	£247,500	£300,402	18% below HPI
2001 12 JUN	£164,995	£168,310	2% below HPI
1997 26 SEP	£104,000	£104,625	1% below HPI

16 CHERRY TREE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Thurrock local authority area over time, sourced from the HPI. The three 16 CHERRY TREE DRIVE sales between September 1997 and November 2006 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 2001 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the November 2006 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 16 CHERRY TREE DRIVE?

16 CHERRY TREE DRIVE is 95m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 40% of detached houses in South Ockendon, based on EPC data. The below chart shows the distribution of detached houses by size in South Ockendon, and where 16 CHERRY TREE DRIVE lies on this distribution: 38% of detached houses are smaller than 16 CHERRY TREE DRIVE, and 60% of houses are larger. Note that EPC data is not available for all properties in South Ockendon.

16 CHERRY TREE DRIVE: Plot and Title Map

16 CHERRY TREE DRIVE sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 16 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 16 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 16 CHERRY TREE DRIVE?

16 CHERRY TREE DRIVE is located in SOUTH OCKENDON, in the RM15 postcode district. The below map shows the position of No. 16 on CHERRY TREE DRIVE.