24, CHERRY TREE LANE, EDWALTON, NOTTINGHAM, NG12 4AL - £775,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

24 CHERRY TREE LANE is a large detached house of 187m², built sometime between 1996 and 2002. It was last sold for £775,000 in March 2021, which was around 86% above the average March 2021 detached price in the Rushcliffe local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was C.

24 CHERRY TREE LANE Sold Prices

Land registry data shows three sales for 24 CHERRY TREE LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. All of the three 24 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
2021 4 MAR	£775,000	£417,162	86% above HPI
2004 21 OCT	£460,000	£265,119	74% above HPI
1998 30 JUN	£250,000	£105,104	138% above HPI

24 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 three 24 CHERRY TREE LANE sales between June 1998 and March 2021 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 October 2004 sale was for 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the March 2021 sale, where it rises to 86% above the HPI. The line then continues to track at 86% above the HPI.

How Large is 24 CHERRY TREE LANE?

24 CHERRY TREE LANE is 187m² according to the EPC inspection conducted in September 2020. This puts it in the largest 30% of detached houses in Edwalton, based on EPC data. The below chart shows the distribution of detached houses by size in Edwalton, and where 24 CHERRY TREE LANE lies on this distribution: 77% of detached houses are smaller than 24 CHERRY TREE LANE, and 22% of houses are larger. Note that EPC data is not available for all properties in Edwalton.

24 CHERRY TREE LANE: Plot and Title Map

24 CHERRY TREE LANE sits on a plot of roughly 0.276 of an acre, or 1,115m². The below map shows the location of 24 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 24 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 24 CHERRY TREE LANE?

24 CHERRY TREE LANE is located in EDWALTON, in the NG12 postcode district. The below map shows the position of No. 24 on CHERRY TREE LANE.