2, CHERRY TREE RISE, WALKERN, STEVENAGE, SG2 7JL - £310,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 CHERRY TREE RISE is a very small semi-detached house of 66m², built sometime between 1983 and 1990, which could now be worth an estimated £361,918. It was last sold for £310,000 in March 2019, which was around 28% below the average March 2019 semi-detached price in the East Hertfordshire local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

2 CHERRY TREE RISE Sold Prices

Land registry data shows four sales for 2 CHERRY TREE RISE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the East Hertfordshire local authority area for the corresponding sale date. All of the four 2 CHERRY TREE RISE 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
2019 22 MAR	£310,000	£431,058	28% below HPI
2015 18 DEC	£260,500	£390,022	33% below HPI
2005 1 JUL	£180,000	£246,559	27% below HPI
2002 31 MAY	£153,500	£185,737	17% below HPI

2 CHERRY TREE RISE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Hertfordshire local authority area over time, sourced from the HPI. The four 2 CHERRY TREE RISE sales between May 2002 and March 2019 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 December 2015 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the March 2019 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 2 CHERRY TREE RISE be worth now?

2 CHERRY TREE RISE might now be worth an estimated £361,918.

This is based on house price inflation of 16.7%, between March 2019 and February 2025, for semi-detached houses, in the East Hertfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.7% inflationary increase is applied to the most recent sale price for 2 CHERRY TREE RISE of £310,000 on 22nd March 2019. For the value to have increased from £310,000 to £361,918 over the six years and one month to February 2025, the following assumptions must hold true:

• The value of 2 CHERRY TREE RISE has moved in line with the HPI for semi-detached houses in the East Hertfordshire local authority area.
• The March 2019 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHERRY TREE RISE has not materially changed since March 2019.

How Large is 2 CHERRY TREE RISE?

2 CHERRY TREE RISE is 66m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 10% of semi-detached houses houses in Walkern, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Walkern, and where 2 CHERRY TREE RISE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 2 CHERRY TREE RISE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Walkern.

2 CHERRY TREE RISE: Plot and Title Map

2 CHERRY TREE RISE sits on a plot of roughly 0.045 of an acre, or 184m². The below map shows the location of 2 CHERRY TREE RISE, 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 RISE). 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 RISE?

2 CHERRY TREE RISE is located in WALKERN, in the SG2 postcode district. The below map shows the position of No. 2 on CHERRY TREE RISE.