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

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

23 CHERRY TREE LANE is a very small semi-detached house of 86m², built sometime between 1983 and 1990. It was last sold for £310,000 in November 2017, which was around 14% below the average November 2017 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 detached price in the Rushcliffe local authority area for the corresponding sale date. Both of the two 23 CHERRY TREE LANE 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
2017 8 NOV	£310,000	£359,197	14% below HPI
2005 8 JUN	£167,500	£252,817	34% below HPI

23 CHERRY TREE LANE Price Paid vs. HPI Average

The below graph shows the average 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 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the November 2017 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

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 detached houses in Edwalton, based on EPC data. The below chart shows the distribution of detached houses by size in Edwalton, and where 23 CHERRY TREE LANE lies on this distribution: 3% of detached 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.