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 CHERRYWOOD AVENUE is a small extended detached house of 102m², built sometime between 1976 and 1982. It was last sold for £295,000 in August 2023, which was around 34% above the average August 2023 detached price in the Blackpool local authority area. The most recent EPC inspection was March 2016, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows five sales for 16 CHERRYWOOD AVENUE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Blackpool local authority area for the corresponding sale date. All of the five 16 CHERRYWOOD AVENUE sales were for above 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 |
---|---|---|---|
2023 17 AUG | £295,000 | £219,970 | 34% above HPI |
2020 29 MAY | £225,000 | £178,432 | 26% above HPI |
2016 13 DEC | £192,500 | £172,467 | 12% above HPI |
2015 12 NOV | £187,500 | £164,927 | 14% above HPI |
1997 20 OCT | £86,000 | £74,822 | 15% above HPI |
The below graph shows the average detached house price in the Blackpool local authority area over time, sourced from the HPI. The five 16 CHERRYWOOD AVENUE sales between October 1997 and August 2023 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 May 2020 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the August 2023 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.
16 CHERRYWOOD AVENUE is 102m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the smallest 40% of detached houses in Blackpool, based on EPC data. The below chart shows the distribution of detached houses by size in Blackpool, and where 16 CHERRYWOOD AVENUE lies on this distribution: 37% of detached houses are smaller than 16 CHERRYWOOD AVENUE, and 62% of houses are larger. Note that EPC data is not available for all properties in Blackpool.
16 CHERRYWOOD AVENUE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 16 CHERRYWOOD AVENUE, 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 CHERRYWOOD AVENUE). 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 CHERRYWOOD AVENUE is located in THORNTON-CLEVELEYS, in the FY5 postcode district. The below map shows the position of No. 16 on CHERRYWOOD AVENUE.