29, CHERRY TREE DRIVE, EASTERGATE, CHICHESTER, PO20 3RR - £370,000

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

29 CHERRY TREE DRIVE is a very small detached house of 72m², built sometime between 1976 and 1982. It was last sold for £370,000 in October 2023, which was around 33% below the average October 2023 detached price in the Arun local authority area. The most recent EPC inspection was June 2018, where the current energy rating was E, and the potential energy rating was B.

29 CHERRY TREE DRIVE Sold Prices

Land registry data shows three sales for 29 CHERRY TREE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the three 29 CHERRY TREE DRIVE 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
2023 20 OCT	£370,000	£549,705	33% below HPI
2019 18 JAN	£300,000	£451,764	34% below HPI
1997 16 MAY	£72,500	£106,097	32% below HPI

29 CHERRY TREE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The three 29 CHERRY TREE DRIVE sales between May 1997 and October 2023 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 2019 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the October 2023 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 29 CHERRY TREE DRIVE?

29 CHERRY TREE DRIVE is 72m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 20% of detached houses in Eastergate, based on EPC data. The below chart shows the distribution of detached houses by size in Eastergate, and where 29 CHERRY TREE DRIVE lies on this distribution: 12% of detached houses are smaller than 29 CHERRY TREE DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Eastergate.

29 CHERRY TREE DRIVE: Plot and Title Map

29 CHERRY TREE DRIVE sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of 29 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 29 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 29 CHERRY TREE DRIVE?

29 CHERRY TREE DRIVE is located in EASTERGATE, in the PO20 postcode district. The below map shows the position of No. 29 on CHERRY TREE DRIVE.