23, CHERRY TREE LANE, EDWALTON, NOTTINGHAM, NG12 4AL - £310,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

23 CHERRY TREE LANE is a very small semi-detached house of 86m², built sometime between 1983 and 1990, which could now be worth an estimated £429,780. It was last sold for £310,000 in November 2017, which was around 38% above the average November 2017 semi-detached price in the Rushcliffe local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

23 CHERRY TREE LANE Sold Prices

Land registry data shows two sales for 23 CHERRY TREE LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Rushcliffe local authority area for the corresponding sale date. Both of the two 23 CHERRY TREE LANE 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
2017 8 NOV	£310,000	£224,454	38% above HPI
2005 8 JUN	£167,500	£162,041	3% above HPI

23 CHERRY TREE LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The two 23 CHERRY TREE LANE sales from June 2005 and November 2017 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 June 2005 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the November 2017 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might 23 CHERRY TREE LANE be worth now?

23 CHERRY TREE LANE might now be worth an estimated £429,780.

This is based on house price inflation of 38.6%, between November 2017 and February 2025, for semi-detached houses, in the Rushcliffe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 38.6% inflationary increase is applied to the most recent sale price for 23 CHERRY TREE LANE of £310,000 on 8th November 2017. For the value to have increased from £310,000 to £429,780 over the eight years and nine months to February 2025, the following assumptions must hold true:

• The value of 23 CHERRY TREE LANE has moved in line with the HPI for semi-detached houses in the Rushcliffe local authority area.
• The November 2017 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 23 CHERRY TREE LANE has not materially changed since November 2017.

How Large is 23 CHERRY TREE LANE?

23 CHERRY TREE LANE is 86m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 10% of semi-detached houses houses in Edwalton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Edwalton, and where 23 CHERRY TREE LANE lies on this distribution: 3% of semi-detached houses houses are smaller than 23 CHERRY TREE LANE, and 97% of houses are larger. Note that EPC data is not available for all properties in Edwalton.

23 CHERRY TREE LANE: Plot and Title Map

23 CHERRY TREE LANE sits on a plot of roughly 2.6 acres, or 10,564m². The below map shows the location of 23 CHERRY TREE LANE, 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 23 CHERRY TREE LANE). 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 23 CHERRY TREE LANE?

23 CHERRY TREE LANE is located in EDWALTON, in the NG12 postcode district. The below map shows the position of No. 23 on CHERRY TREE LANE.