Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
2 CHERRY TREE WAY is a large extended detached house of 165m², built sometime between 1950 and 1966. It was last sold for £363,995 in January 2019, which was around 50% above the average January 2019 detached price in the Bolton local authority area. The most recent EPC inspection was August 2017, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 2 CHERRY TREE WAY since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bolton local authority area for the corresponding sale date. All of the three 2 CHERRY TREE WAY 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 |
---|---|---|---|
2019 30 JAN | £363,995 | £242,068 | 50% above HPI |
2005 26 AUG | £235,000 | £188,743 | 25% above HPI |
1999 22 APR | £80,500 | £77,197 | 4% above HPI |
The below graph shows the average detached house price in the Bolton local authority area over time, sourced from the HPI. The three 2 CHERRY TREE WAY sales between April 1999 and January 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 August 2005 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the January 2019 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.
2 CHERRY TREE WAY is 165m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the largest 20% of detached houses in Bolton, based on EPC data. The below chart shows the distribution of detached houses by size in Bolton, and where 2 CHERRY TREE WAY lies on this distribution: 80% of detached houses are smaller than 2 CHERRY TREE WAY, and 20% of houses are larger. Note that EPC data is not available for all properties in Bolton.
2 CHERRY TREE WAY sits on a plot of roughly 0.158 of an acre, or 639m². The below map shows the location of 2 CHERRY TREE WAY, 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 WAY). 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.
2 CHERRY TREE WAY is located in BOLTON, in the BL2 postcode district. The below map shows the position of No. 2 on CHERRY TREE WAY.