34, CHERRY TREE RISE, WALKERN, STEVENAGE, SG2 7JL - £390,000

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 RISE is a very small extended detached house of 102m², built sometime between 1983 and 1990, which could now be worth an estimated £438,797. It was last sold for £390,000 in April 2018, which was around 49% below the average April 2018 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

34 CHERRY TREE RISE Sold Prices

Land registry data shows three sales for 34 CHERRY TREE RISE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Hertfordshire local authority area for the corresponding sale date. All of the three 34 CHERRY TREE RISE 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
2018 18 APR	£390,000	£771,389	49% below HPI
2015 27 NOV	£340,000	£675,221	50% below HPI
1998 16 JAN	£107,550	£190,240	43% below HPI

34 CHERRY TREE RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Hertfordshire local authority area over time, sourced from the HPI. The three 34 CHERRY TREE RISE sales between January 1998 and April 2018 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 November 2015 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the April 2018 sale, where it rises to 49% below the HPI. The line then continues to track at 49% below the HPI.

What might 34 CHERRY TREE RISE be worth now?

34 CHERRY TREE RISE might now be worth an estimated £438,797.

This is based on house price inflation of 12.5%, between April 2018 and December 2024, for detached houses, in the East Hertfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.5% inflationary increase is applied to the most recent sale price for 34 CHERRY TREE RISE of £390,000 on 18th April 2018. For the value to have increased from £390,000 to £438,797 over the five years and four months to December 2024, the following assumptions must hold true:

• The value of 34 CHERRY TREE RISE has moved in line with the HPI for detached houses in the East Hertfordshire local authority area.
• The April 2018 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 34 CHERRY TREE RISE has not materially changed since April 2018.

How Large is 34 CHERRY TREE RISE?

34 CHERRY TREE RISE is 102m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the smallest 20% of detached houses houses in Walkern, based on EPC data. The below chart shows the distribution of detached houses houses by size in Walkern, and where 34 CHERRY TREE RISE lies on this distribution: 17% of detached houses houses are smaller than 34 CHERRY TREE RISE, and 83% of houses are larger. Note that EPC data is not available for all properties in Walkern.

34 CHERRY TREE RISE: Plot and Title Map

34 CHERRY TREE RISE sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 34 CHERRY TREE RISE, 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 RISE). 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 RISE?

34 CHERRY TREE RISE is located in WALKERN, in the SG2 postcode district. The below map shows the position of No. 34 on CHERRY TREE RISE.