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
28A CHERRY TREE CLOSE is a very small extended detached house of 61m², built sometime between 1967 and 1975. It was last sold for £117,000 in October 2007, which was around 45% below the average October 2007 detached price in the Broxtowe local authority area. The most recent EPC inspection was May 2018, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows three sales for 28A CHERRY TREE CLOSE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broxtowe local authority area for the corresponding sale date. All of the three 28A CHERRY TREE CLOSE 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 |
---|---|---|---|
2007 5 OCT | £117,000 | £211,390 | 45% below HPI |
2006 5 OCT | £124,950 | £200,364 | 38% below HPI |
2004 18 JUN | £120,000 | £183,200 | 34% below HPI |
The below graph shows the average detached house price in the Broxtowe local authority area over time, sourced from the HPI. The three 28A CHERRY TREE CLOSE sales between June 2004 and October 2007 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 2006 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the October 2007 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.
28A CHERRY TREE CLOSE is 61m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the smallest 10% of detached houses in Brinsley, based on EPC data. The below chart shows the distribution of detached houses by size in Brinsley, and where 28A CHERRY TREE CLOSE lies on this distribution: 3% of detached houses are smaller than 28A CHERRY TREE CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Brinsley.
28A CHERRY TREE CLOSE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 28A CHERRY TREE CLOSE, 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 28A CHERRY TREE CLOSE). 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.
28A CHERRY TREE CLOSE is located in BRINSLEY, in the NG16 postcode district. The below map shows the position of No. 28A on CHERRY TREE CLOSE.