34, CHERRY TREE LANE, NORTH WALSHAM, NR28 0HR - £180,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

34 CHERRY TREE LANE is a very small detached house of 76m², built sometime between 1930 and 1949, which could now be worth an estimated £262,053. It was last sold for £180,000 in August 2015, which was around 38% below the average August 2015 detached price in the North Norfolk local authority area. The most recent EPC inspection was August 2014, where the current energy rating was E, and the potential energy rating was B.

34 CHERRY TREE LANE Sold Prices

Land registry data shows two sales for 34 CHERRY TREE LANE 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 Norfolk local authority area for the corresponding sale date. Both of the two 34 CHERRY TREE LANE 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
2015 6 AUG	£180,000	£289,099	38% below HPI
2001 14 DEC	£87,500	£134,586	35% below HPI

34 CHERRY TREE LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The two 34 CHERRY TREE LANE sales from December 2001 and August 2015 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 2001 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the August 2015 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 34 CHERRY TREE LANE be worth now?

34 CHERRY TREE LANE might now be worth an estimated £262,053.

This is based on house price inflation of 45.6%, between August 2015 and December 2024, for detached houses, in the North Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 45.6% inflationary increase is applied to the most recent sale price for 34 CHERRY TREE LANE of £180,000 on 6th August 2015. For the value to have increased from £180,000 to £262,053 over the eight years and eight months to December 2024, the following assumptions must hold true:

• The value of 34 CHERRY TREE LANE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The August 2015 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 34 CHERRY TREE LANE has not materially changed since August 2015.

How Large is 34 CHERRY TREE LANE?

34 CHERRY TREE LANE is 76m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 20% of detached houses houses in North Walsham, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Walsham, and where 34 CHERRY TREE LANE lies on this distribution: 18% of detached houses houses are smaller than 34 CHERRY TREE LANE, and 81% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

34 CHERRY TREE LANE: Plot and Title Map

34 CHERRY TREE LANE sits on a plot of roughly 0.146 of an acre, or 592m². The below map shows the location of 34 CHERRY TREE LANE, 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 34 CHERRY TREE LANE). 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 34 CHERRY TREE LANE?

34 CHERRY TREE LANE is located in NORTH WALSHAM, in the NR28 postcode district. The below map shows the position of No. 34 on CHERRY TREE LANE.