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
3 CHERRY TREE CLOSE is a very small detached house of 54m², built sometime between 1950 and 1966. It was last sold for £207,000 in March 2017, which was around 19% below the average March 2017 detached price in the South Derbyshire local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 3 CHERRY TREE CLOSE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Derbyshire local authority area for the corresponding sale date. All of the five 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 |
---|---|---|---|
2017 28 MAR | £207,000 | £255,097 | 19% below HPI |
2013 12 DEC | £195,000 | £213,149 | 9% below HPI |
2009 19 MAR | £134,950 | £185,681 | 27% below HPI |
2008 28 NOV | £63,000 | £205,990 | 69% below HPI |
2007 20 JUL | £155,000 | £223,396 | 31% below HPI |
The below graph shows the average detached house price in the South Derbyshire local authority area over time, sourced from the HPI. The five 3 CHERRY TREE CLOSE sales between July 2007 and March 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 December 2013 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the March 2017 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.
3 CHERRY TREE CLOSE is 54m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 10% of detached houses in Hilton, based on EPC data. The below chart shows the distribution of detached houses by size in Hilton, and where 3 CHERRY TREE CLOSE lies on this distribution: Less than 1% of detached houses are smaller than 3 CHERRY TREE CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Hilton.
3 CHERRY TREE CLOSE sits on a plot of roughly 0.076 of an acre, or 308m². 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.
3 CHERRY TREE CLOSE is located in HILTON, in the DE65 postcode district. The below map shows the position of No. 3 on CHERRY TREE CLOSE.