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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

34 CHERRY TREE LANE is a very small detached house of 76m², built sometime between 1930 and 1949. It was last sold for £180,000 in August 2015, which was around 37% 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	£286,328	37% below HPI
2001 14 DEC	£87,500	£133,296	34% 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 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the August 2015 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

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 in North Walsham, based on EPC data. The below chart shows the distribution of detached houses by size in North Walsham, and where 34 CHERRY TREE LANE lies on this distribution: 18% of detached 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.