18, CHERRY TREE DRIVE, CRESWELL, WORKSOP, S80 4GY - £148,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

18 CHERRY TREE DRIVE is a very small extended terraced house of 71m², built sometime between 2003 and 2006, which could now be worth an estimated £171,888. It was last sold for £148,000 in October 2021, which was around 28% above the average October 2021 terraced price in the Bolsover local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

18 CHERRY TREE DRIVE Sold Prices

Land registry data shows two sales for 18 CHERRY TREE DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Bolsover local authority area for the corresponding sale date. Both of the two 18 CHERRY TREE DRIVE 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
2021 22 OCT	£148,000	£115,814	28% above HPI
2006 3 APR	£113,995	£73,969	54% above HPI

18 CHERRY TREE DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Bolsover local authority area over time, sourced from the HPI. The two 18 CHERRY TREE DRIVE sales from April 2006 and October 2021 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 April 2006 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the October 2021 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 18 CHERRY TREE DRIVE be worth now?

18 CHERRY TREE DRIVE might now be worth an estimated £171,888.

This is based on house price inflation of 16.1%, between October 2021 and July 2025, for terraced houses, in the Bolsover local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.1% inflationary increase is applied to the most recent sale price for 18 CHERRY TREE DRIVE of £148,000 on 22nd October 2021. For the value to have increased from £148,000 to £171,888 over the four years and three months to July 2025, the following assumptions must hold true:

• The value of 18 CHERRY TREE DRIVE has moved in line with the HPI for terraced houses in the Bolsover local authority area.
• The October 2021 sale price of £148,000 represented a fair market value for the property.
• The size, condition, and specification of 18 CHERRY TREE DRIVE has not materially changed since October 2021.

How Large is 18 CHERRY TREE DRIVE?

18 CHERRY TREE DRIVE is 71m², which includes two extensions, according to the EPC inspection conducted in August 2021. This puts it in the smallest 20% of terraced houses houses in Creswell, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Creswell, and where 18 CHERRY TREE DRIVE lies on this distribution: 13% of terraced houses houses are smaller than 18 CHERRY TREE DRIVE, and 85% of houses are larger. Note that EPC data is not available for all properties in Creswell.

18 CHERRY TREE DRIVE: Plot and Title Map

18 CHERRY TREE DRIVE sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 18 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 18 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 18 CHERRY TREE DRIVE?

18 CHERRY TREE DRIVE is located in CRESWELL, in the S80 postcode district. The below map shows the position of No. 18 on CHERRY TREE DRIVE.