4, CHERRY TREE CLOSE, CHURCHDOWN, GLOUCESTER, GL3 1JA - £415,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

4 CHERRY TREE CLOSE is a large extended detached house of 123m², built sometime between 1996 and 2002. It was last sold for £415,000 in December 2021, which was around 12% below the average December 2021 detached price in the Tewkesbury local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

4 CHERRY TREE CLOSE Sold Prices

Land registry data shows two sales for 4 CHERRY TREE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tewkesbury local authority area for the corresponding sale date. Both of the two 4 CHERRY TREE CLOSE 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
2021 9 DEC	£415,000	£470,469	12% below HPI
2002 29 NOV	£232,500	£241,346	4% below HPI

4 CHERRY TREE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tewkesbury local authority area over time, sourced from the HPI. The two 4 CHERRY TREE CLOSE sales from November 2002 and December 2021 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 2002 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the December 2021 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 4 CHERRY TREE CLOSE?

4 CHERRY TREE CLOSE is 123m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the largest 30% of detached houses in Innsworth, based on EPC data. The below chart shows the distribution of detached houses by size in Innsworth, and where 4 CHERRY TREE CLOSE lies on this distribution: 75% of detached houses are smaller than 4 CHERRY TREE CLOSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Innsworth.

4 CHERRY TREE CLOSE: Plot and Title Map

4 CHERRY TREE CLOSE sits on a plot of roughly 0.138 of an acre, or 560m². The below map shows the location of 4 CHERRY TREE CLOSE, 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 4 CHERRY TREE CLOSE). 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 4 CHERRY TREE CLOSE?

4 CHERRY TREE CLOSE is located in CHURCHDOWN, in the GL3 postcode district. The below map shows the position of No. 4 on CHERRY TREE CLOSE.