31, CHERRY TREE DRIVE, LANDKEY, BARNSTAPLE, EX32 0UE - £500,000

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

31 CHERRY TREE DRIVE is a very small detached house of 72m². It was last sold for £500,000 in December 2023, which was around 18% above the average December 2023 detached price in the North Devon local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was D.

31 CHERRY TREE DRIVE Sold Prices

Land registry data shows three sales for 31 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 North Devon local authority area for the corresponding sale date. All of the three 31 CHERRY TREE DRIVE sales were for above 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 14 DEC	£500,000	£425,093	18% above HPI
2021 18 MAR	£440,000	£364,028	21% above HPI
2013 9 AUG	£355,000	£262,608	35% above HPI

31 CHERRY TREE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Devon local authority area over time, sourced from the HPI. The three 31 CHERRY TREE DRIVE sales between August 2013 and December 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 March 2021 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the December 2023 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 31 CHERRY TREE DRIVE?

31 CHERRY TREE DRIVE is 72m² according to the EPC inspection conducted in October 2012. This puts it in the smallest 10% of detached houses in Landkey, based on EPC data. The below chart shows the distribution of detached houses by size in Landkey, and where 31 CHERRY TREE DRIVE lies on this distribution: 7% of detached houses are smaller than 31 CHERRY TREE DRIVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Landkey.

31 CHERRY TREE DRIVE: Plot and Title Map

31 CHERRY TREE DRIVE sits on a plot of roughly 0.146 of an acre, or 592m². The below map shows the location of 31 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 31 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 31 CHERRY TREE DRIVE?

31 CHERRY TREE DRIVE is located in LANDKEY, in the EX32 postcode district. The below map shows the position of No. 31 on CHERRY TREE DRIVE.