32, CHERRY TREE DRIVE, LANDKEY, BARNSTAPLE, EX32 0UE - £275,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

32 CHERRY TREE DRIVE is a small detached house of 92m², built sometime from 2012 onwards, which could now be worth an estimated £455,305. It was last sold for £275,000 in August 2013, which was around 2% above the average August 2013 detached price in the North Devon local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was B.

32 CHERRY TREE DRIVE Sold Prices

Land registry data shows two sales for 32 CHERRY TREE DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. One of the two 32 CHERRY TREE DRIVE sales was for above the average price, whilst the other was 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
2013 2 AUG	£275,000	£268,860	2% above HPI
2012 30 OCT	£257,050	£279,796	8% below HPI

32 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 two 32 CHERRY TREE DRIVE sales from October 2012 and August 2013 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 October 2012 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the August 2013 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 32 CHERRY TREE DRIVE be worth now?

32 CHERRY TREE DRIVE might now be worth an estimated £455,305.

This is based on house price inflation of 65.6%, between August 2013 and February 2025, for detached houses, in the North Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 65.6% inflationary increase is applied to the most recent sale price for 32 CHERRY TREE DRIVE of £275,000 on 2nd August 2013. For the value to have increased from £275,000 to £455,305 over the twelve years and six months to February 2025, the following assumptions must hold true:

• The value of 32 CHERRY TREE DRIVE has moved in line with the HPI for detached houses in the North Devon local authority area.
• The August 2013 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 32 CHERRY TREE DRIVE has not materially changed since August 2013.

How Large is 32 CHERRY TREE DRIVE?

32 CHERRY TREE DRIVE is 92m² according to the EPC inspection conducted in December 2022. This puts it in the smallest 30% of detached houses houses in Landkey, based on EPC data. The below chart shows the distribution of detached houses houses by size in Landkey, and where 32 CHERRY TREE DRIVE lies on this distribution: 29% of detached houses houses are smaller than 32 CHERRY TREE DRIVE, and 71% of houses are larger. Note that EPC data is not available for all properties in Landkey.

32 CHERRY TREE DRIVE: Plot and Title Map

32 CHERRY TREE DRIVE sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 32 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 32 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 32 CHERRY TREE DRIVE?

32 CHERRY TREE DRIVE is located in LANDKEY, in the EX32 postcode district. The below map shows the position of No. 32 on CHERRY TREE DRIVE.