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

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 RISE is a very small extended detached house of 102m², built sometime between 1983 and 1990. It was last sold for £390,000 in April 2018, which was around 46% 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	£721,505	46% below HPI
2015 27 NOV	£340,000	£631,555	46% below HPI
1998 16 JAN	£107,550	£177,938	40% 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 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the April 2018 sale, which was also at 46% below the HPI.

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 in Walkern, based on EPC data. The below chart shows the distribution of detached houses by size in Walkern, and where 34 CHERRY TREE RISE lies on this distribution: 17% of detached 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.