2, CHERRY TREE CLOSE, WORTHAM, DISS, IP22 1QR - £355,000

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

2 CHERRY TREE CLOSE is a midsized extended detached house of 168m², built sometime before 1900. It was last sold for £355,000 in January 2014, which was around 29% above the average January 2014 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was April 2020, where the current energy rating was B, and the potential energy rating was A.

2 CHERRY TREE CLOSE Sold Prices

Land registry data shows two sales for 2 CHERRY TREE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. One of the two 2 CHERRY TREE CLOSE sales was for above the average price, whilst the other was 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
2014 7 JAN	£355,000	£275,529	29% above HPI
2009 14 AUG	£175,000	£233,368	25% below HPI

2 CHERRY TREE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The two 2 CHERRY TREE CLOSE sales from August 2009 and January 2014 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 August 2009 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the January 2014 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 2 CHERRY TREE CLOSE?

2 CHERRY TREE CLOSE is 168m², which includes one extension, according to the EPC inspection conducted in April 2020. This puts it in the largest 50% of detached houses in Wortham, based on EPC data. The below chart shows the distribution of detached houses by size in Wortham, and where 2 CHERRY TREE CLOSE lies on this distribution: 50% of detached houses are smaller than 2 CHERRY TREE CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Wortham.

2 CHERRY TREE CLOSE: Plot and Title Map

2 CHERRY TREE CLOSE sits on a plot of roughly 0.109 of an acre, or 442m². 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 WORTHAM, in the IP22 postcode district. The below map shows the position of No. 2 on CHERRY TREE CLOSE.