3, CHERRYWOOD, HARLESTON, IP20 9LP - £265,000

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

3 CHERRYWOOD is a midsized extended detached house of 98m², built sometime between 1967 and 1975. It was last sold for £265,000 in January 2020, which was around 22% below the average January 2020 detached price in the South Norfolk local authority area. The most recent EPC inspection was January 2015, where the current energy rating was E, and the potential energy rating was D.

3 CHERRYWOOD Sold Prices

Land registry data shows two sales for 3 CHERRYWOOD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. Both of the two 3 CHERRYWOOD 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
2020 24 JAN	£265,000	£341,284	22% below HPI
2015 1 SEP	£230,000	£286,821	20% below HPI

3 CHERRYWOOD Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The two 3 CHERRYWOOD sales from September 2015 and January 2020 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 September 2015 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the January 2020 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 3 CHERRYWOOD?

3 CHERRYWOOD is 98m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the largest 50% of detached houses in Harleston, based on EPC data. The below chart shows the distribution of detached houses by size in Harleston, and where 3 CHERRYWOOD lies on this distribution: 50% of detached houses are smaller than 3 CHERRYWOOD, and 50% of houses are larger. Note that EPC data is not available for all properties in Harleston.

3 CHERRYWOOD: Plot and Title Map

3 CHERRYWOOD sits on a plot of roughly 0.114 of an acre, or 461m². The below map shows the location of 3 CHERRYWOOD, 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 CHERRYWOOD). 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 CHERRYWOOD?

3 CHERRYWOOD is located in HARLESTON, in the IP20 postcode district. The below map shows the position of No. 3 on CHERRYWOOD.