5, CHERRY TREE CLOSE, MATTISHALL, DEREHAM, NR20 3PR - £270,000

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

5 CHERRY TREE CLOSE is a very small extended detached house of 71m², built sometime between 1976 and 1982, which could now be worth an estimated £261,569. It was last sold for £270,000 in November 2022, which was around 29% below the average November 2022 detached price in the Breckland local authority area. The most recent EPC inspection was May 2023, where the current energy rating was E, and the potential energy rating was B.

5 CHERRY TREE CLOSE Sold Prices

Land registry data shows three sales for 5 CHERRY TREE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the three 5 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
2022 8 NOV	£270,000	£379,760	29% below HPI
2013 1 OCT	£182,000	£218,533	17% below HPI
2001 16 AUG	£93,000	£120,031	23% below HPI

5 CHERRY TREE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Breckland local authority area over time, sourced from the HPI. The three 5 CHERRY TREE CLOSE sales between August 2001 and November 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 2013 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the November 2022 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 5 CHERRY TREE CLOSE be worth now?

5 CHERRY TREE CLOSE might now be worth an estimated £261,569.

This is based on house price deflation of 3.1%, between November 2022 and December 2024, for detached houses, in the Breckland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.1% deflationary decrease is applied to the most recent sale price for 5 CHERRY TREE CLOSE of £270,000 on 8th November 2022. For the value to have decreased from £270,000 to £261,569 over the one year and eleven months to December 2024, the following assumptions must hold true:

• The value of 5 CHERRY TREE CLOSE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The November 2022 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CHERRY TREE CLOSE has not materially changed since November 2022.

How Large is 5 CHERRY TREE CLOSE?

5 CHERRY TREE CLOSE is 71m², which includes two extensions, according to the EPC inspection conducted in May 2023. This puts it in the smallest 20% of detached houses houses in Mattishall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mattishall, and where 5 CHERRY TREE CLOSE lies on this distribution: 11% of detached houses houses are smaller than 5 CHERRY TREE CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Mattishall.

5 CHERRY TREE CLOSE: Plot and Title Map

5 CHERRY TREE CLOSE sits on a plot of roughly 0.123 of an acre, or 498m². The below map shows the location of 5 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 5 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 5 CHERRY TREE CLOSE?

5 CHERRY TREE CLOSE is located in MATTISHALL, in the NR20 postcode district. The below map shows the position of No. 5 on CHERRY TREE CLOSE.