2, THE CHERRIES, LONG SUTTON, SPALDING, PE12 9DA - £299,950

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 THE CHERRIES is a very large detached house of 136m², built sometime between 1996 and 2002, which could now be worth an estimated £439,418. It was last sold for £299,950 in September 2015, which was around 54% above the average September 2015 detached price in the South Holland local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was B.

2 THE CHERRIES Sold Prices

Land registry data shows two sales for 2 THE CHERRIES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. Both of the two 2 THE CHERRIES 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
2015 25 SEP	£299,950	£195,218	54% above HPI
2001 12 SEP	£149,950	£97,527	54% above HPI

2 THE CHERRIES Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Holland local authority area over time, sourced from the HPI. The two 2 THE CHERRIES sales from September 2001 and September 2015 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 2001 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the September 2015 sale, which was also at 54% above the HPI.

What might 2 THE CHERRIES be worth now?

2 THE CHERRIES might now be worth an estimated £439,418.

This is based on house price inflation of 46.5%, between September 2015 and December 2024, for detached houses, in the South Holland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 46.5% inflationary increase is applied to the most recent sale price for 2 THE CHERRIES of £299,950 on 25th September 2015. For the value to have increased from £299,950 to £439,418 over the eight years and nine months to December 2024, the following assumptions must hold true:

• The value of 2 THE CHERRIES has moved in line with the HPI for detached houses in the South Holland local authority area.
• The September 2015 sale price of £299,950 represented a fair market value for the property.
• The size, condition, and specification of 2 THE CHERRIES has not materially changed since September 2015.

How Large is 2 THE CHERRIES?

2 THE CHERRIES is 136m² according to the EPC inspection conducted in August 2014. This puts it in the largest 20% of detached houses houses in Long Sutton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Long Sutton, and where 2 THE CHERRIES lies on this distribution: 83% of detached houses houses are smaller than 2 THE CHERRIES, and 17% of houses are larger. Note that EPC data is not available for all properties in Long Sutton.

2 THE CHERRIES: Plot and Title Map

2 THE CHERRIES sits on a plot of roughly 0.277 of an acre, or 1,121m². The below map shows the location of 2 THE CHERRIES, 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 THE CHERRIES). 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 THE CHERRIES?

2 THE CHERRIES is located in LONG SUTTON, in the PE12 postcode district. The below map shows the position of No. 2 on THE CHERRIES.