3, CHERRY TREE CLOSE, CHURCHDOWN, GLOUCESTER, GL3 1JA - £440,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

3 CHERRY TREE CLOSE is a large detached house of 126m², built sometime between 1996 and 2002. It was last sold for £440,000 in August 2022, which was around 14% below the average August 2022 detached price in the Tewkesbury local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

3 CHERRY TREE CLOSE Sold Prices

Land registry data shows four sales for 3 CHERRY TREE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Tewkesbury local authority area for the corresponding sale date. All of the four 3 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
2022 16 AUG	£440,000	£512,621	14% below HPI
2010 5 FEB	£250,000	£281,987	11% below HPI
2005 24 MAR	£265,000	£285,336	7% below HPI
2003 16 JAN	£225,000	£236,264	5% below HPI

3 CHERRY TREE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tewkesbury local authority area over time, sourced from the HPI. The four 3 CHERRY TREE CLOSE sales between January 2003 and August 2022 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 2010 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the August 2022 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 3 CHERRY TREE CLOSE?

3 CHERRY TREE CLOSE is 126m² according to the EPC inspection conducted in April 2022. This puts it in the largest 30% of detached houses in Innsworth, based on EPC data. The below chart shows the distribution of detached houses by size in Innsworth, and where 3 CHERRY TREE CLOSE lies on this distribution: 77% of detached houses are smaller than 3 CHERRY TREE CLOSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Innsworth.

3 CHERRY TREE CLOSE: Plot and Title Map

3 CHERRY TREE CLOSE sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 3 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 3 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.

Where is 3 CHERRY TREE CLOSE?

3 CHERRY TREE CLOSE is located in CHURCHDOWN, in the GL3 postcode district. The below map shows the position of No. 3 on CHERRY TREE CLOSE.