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
25 CHERRY LANE is a small extended detached house of 84m², built sometime between 1967 and 1975. It was last sold for £248,000 in December 2014, which was around 42% below the average December 2014 detached price in the Warwick local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 25 CHERRY LANE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Warwick local authority area for the corresponding sale date. Both of the two 25 CHERRY 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 |
---|---|---|---|
2014 12 DEC | £248,000 | £424,958 | 42% below HPI |
2008 18 JAN | £235,000 | £370,347 | 37% below HPI |
The below graph shows the average detached house price in the Warwick local authority area over time, sourced from the HPI. The two 25 CHERRY LANE sales from January 2008 and December 2014 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 January 2008 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the December 2014 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.
25 CHERRY LANE is 84m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the smallest 30% of detached houses in Hampton Magna, based on EPC data. The below chart shows the distribution of detached houses by size in Hampton Magna, and where 25 CHERRY LANE lies on this distribution: 27% of detached houses are smaller than 25 CHERRY LANE, and 72% of houses are larger. Note that EPC data is not available for all properties in Hampton Magna.
25 CHERRY LANE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 25 CHERRY 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 25 CHERRY 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.
25 CHERRY LANE is located in HAMPTON MAGNA, in the CV35 postcode district. The below map shows the position of No. 25 on CHERRY LANE.