18, CHERRY TREE AVENUE, BELPER, DE56 1FR - £270,000

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

18 CHERRY TREE AVENUE is a small extended detached house of 84m², built sometime between 1950 and 1966. It was last sold for £270,000 in December 2022, which was around 17% below the average December 2022 detached price in the Amber Valley local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was C.

18 CHERRY TREE AVENUE Sold Prices

Land registry data shows two sales for 18 CHERRY TREE AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. Both of the two 18 CHERRY TREE AVENUE 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 16 DEC	£270,000	£327,054	17% below HPI
2014 27 JUN	£175,000	£201,291	13% below HPI

18 CHERRY TREE AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Amber Valley local authority area over time, sourced from the HPI. The two 18 CHERRY TREE AVENUE sales from June 2014 and December 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 June 2014 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the December 2022 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 18 CHERRY TREE AVENUE?

18 CHERRY TREE AVENUE is 84m², which includes one extension, according to the EPC inspection conducted in December 2019. This puts it in the smallest 40% of detached houses in Belper, based on EPC data. The below chart shows the distribution of detached houses by size in Belper, and where 18 CHERRY TREE AVENUE lies on this distribution: 31% of detached houses are smaller than 18 CHERRY TREE AVENUE, and 68% of houses are larger. Note that EPC data is not available for all properties in Belper.

18 CHERRY TREE AVENUE: Plot and Title Map

18 CHERRY TREE AVENUE sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 18 CHERRY TREE 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 18 CHERRY TREE 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.

Where is 18 CHERRY TREE AVENUE?

18 CHERRY TREE AVENUE is located in BELPER, in the DE56 postcode district. The below map shows the position of No. 18 on CHERRY TREE AVENUE.