25, CHERRY TREE DRIVE, LANDKEY, BARNSTAPLE, EX32 0UE - £405,000

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

25 CHERRY TREE DRIVE is a very large extended detached house of 171m², built sometime from 2007 onwards. It was last sold for £405,000 in December 2017, which was around 25% above the average December 2017 detached price in the North Devon local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was B.

25 CHERRY TREE DRIVE Sold Prices

Land registry data shows two sales for 25 CHERRY TREE DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. One of the two 25 CHERRY TREE DRIVE sales was for above the average price, whilst the other was 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 DEC	£405,000	£325,272	25% above HPI
2008 29 FEB	£41,804	£281,597	85% below HPI

25 CHERRY TREE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Devon local authority area over time, sourced from the HPI. The two 25 CHERRY TREE DRIVE sales from February 2008 and December 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 February 2008 sale was for 85% below the HPI. So the extrapolation line tracks at 85% below the HPI over time, until the December 2017 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 25 CHERRY TREE DRIVE?

25 CHERRY TREE DRIVE is 171m², which includes one extension, according to the EPC inspection conducted in October 2017. This puts it in the largest 20% of detached houses in Landkey, based on EPC data. The below chart shows the distribution of detached houses by size in Landkey, and where 25 CHERRY TREE DRIVE lies on this distribution: 86% of detached houses are smaller than 25 CHERRY TREE DRIVE, and 13% of houses are larger. Note that EPC data is not available for all properties in Landkey.

25 CHERRY TREE DRIVE: Plot and Title Map

25 CHERRY TREE DRIVE sits on a plot of roughly 0.173 of an acre, or 700m². The below map shows the location of 25 CHERRY TREE DRIVE, 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 TREE DRIVE). 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 25 CHERRY TREE DRIVE?

25 CHERRY TREE DRIVE is located in LANDKEY, in the EX32 postcode district. The below map shows the position of No. 25 on CHERRY TREE DRIVE.