2, CHERRY TREE CLOSE, NEWHALL, SWADLINCOTE, DE11 0JT - £146,500

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

2 CHERRY TREE CLOSE is a small extended detached house of 89m², built sometime between 1950 and 1966. It was last sold for £146,500 in June 2016, which was around 41% below the average June 2016 detached price in the South Derbyshire local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was B.

2 CHERRY TREE CLOSE Sold Prices

Land registry data shows three sales for 2 CHERRY TREE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Derbyshire local authority area for the corresponding sale date. All of the three 2 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
2016 1 JUN	£146,500	£247,105	41% below HPI
2006 29 SEP	£128,700	£218,041	41% below HPI
2001 15 JAN	£59,500	£103,087	42% below HPI

2 CHERRY TREE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Derbyshire local authority area over time, sourced from the HPI. The three 2 CHERRY TREE CLOSE sales between January 2001 and June 2016 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 September 2006 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the June 2016 sale, which was also at 41% below the HPI.

How Large is 2 CHERRY TREE CLOSE?

2 CHERRY TREE CLOSE is 89m², which includes one extension, according to the EPC inspection conducted in December 2015. This puts it in the smallest 40% of detached houses in Swadlincote, based on EPC data. The below chart shows the distribution of detached houses by size in Swadlincote, and where 2 CHERRY TREE CLOSE lies on this distribution: 31% of detached houses are smaller than 2 CHERRY TREE CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Swadlincote.

2 CHERRY TREE CLOSE: Plot and Title Map

2 CHERRY TREE CLOSE sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 2 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 2 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.

Where is 2 CHERRY TREE CLOSE?

2 CHERRY TREE CLOSE is located in NEWHALL, in the DE11 postcode district. The below map shows the position of No. 2 on CHERRY TREE CLOSE.