4, CHERRY TREE DRIVE, LANDKEY, BARNSTAPLE, EX32 0UE - £229,950

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 DRIVE is a very small detached house of 83m², built sometime between 1996 and 2002. It was last sold for £229,950 in May 2012, which was around 17% below the average May 2012 detached price in the North Devon local authority area. The most recent EPC inspection was October 2009, where the current energy rating was C, and the potential energy rating was C.

4 CHERRY TREE DRIVE Sold Prices

Land registry data shows five sales for 4 CHERRY TREE DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. All of the five 4 CHERRY TREE DRIVE 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
2012 31 MAY	£229,950	£275,865	17% below HPI
2005 18 MAR	£189,000	£265,902	29% below HPI
2004 26 MAR	£184,500	£231,827	20% below HPI
2003 22 MAY	£42,500	£200,455	79% below HPI
1999 21 MAY	£88,950	£101,840	13% below HPI

4 CHERRY TREE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Devon local authority area over time, sourced from the HPI. The five 4 CHERRY TREE DRIVE sales between May 1999 and May 2012 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 March 2005 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the May 2012 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 4 CHERRY TREE DRIVE?

4 CHERRY TREE DRIVE is 83m² according to the EPC inspection conducted in October 2009. This puts it in the smallest 20% of detached houses in Landkey, based on EPC data. The below chart shows the distribution of detached houses by size in Landkey, and where 4 CHERRY TREE DRIVE lies on this distribution: 17% of detached houses are smaller than 4 CHERRY TREE DRIVE, and 83% of houses are larger. Note that EPC data is not available for all properties in Landkey.

4 CHERRY TREE DRIVE: Plot and Title Map

4 CHERRY TREE DRIVE sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 4 CHERRY TREE DRIVE, 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 DRIVE). 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 DRIVE?

4 CHERRY TREE DRIVE is located in LANDKEY, in the EX32 postcode district. The below map shows the position of No. 4 on CHERRY TREE DRIVE.