35, CHERRY TREE RISE, WALKERN, STEVENAGE, SG2 7JL - £497,500

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

35 CHERRY TREE RISE is a very small extended detached house of 103m², built sometime between 1983 and 1990. It was last sold for £497,500 in September 2022, which was around 38% below the average September 2022 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was May 2022, where the current energy rating was E, and the potential energy rating was C.

35 CHERRY TREE RISE Sold Prices

Land registry data shows two sales for 35 CHERRY TREE RISE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Hertfordshire local authority area for the corresponding sale date. Both of the two 35 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
2022 21 SEP	£497,500	£796,004	38% below HPI
2005 7 OCT	£245,000	£409,428	40% below HPI

35 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 two 35 CHERRY TREE RISE sales from October 2005 and September 2022 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 2005 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the September 2022 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 35 CHERRY TREE RISE?

35 CHERRY TREE RISE is 103m², which includes one extension, according to the EPC inspection conducted in May 2022. 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 35 CHERRY TREE RISE lies on this distribution: 18% of detached houses are smaller than 35 CHERRY TREE RISE, and 81% of houses are larger. Note that EPC data is not available for all properties in Walkern.

35 CHERRY TREE RISE: Plot and Title Map

35 CHERRY TREE RISE sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 35 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 35 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 35 CHERRY TREE RISE?

35 CHERRY TREE RISE is located in WALKERN, in the SG2 postcode district. The below map shows the position of No. 35 on CHERRY TREE RISE.