5, CHERRY TREE DRIVE, BARWELL, LEICESTER, LE9 8LQ - £287,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 CHERRY TREE DRIVE is a small extended semi-detached house of 90m², built sometime between 2003 and 2006, which could now be worth an estimated £293,789. It was last sold for £287,500 in July 2022, which was around 18% above the average July 2022 semi-detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

5 CHERRY TREE DRIVE Sold Prices

Land registry data shows four sales for 5 CHERRY TREE DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. All of the four 5 CHERRY TREE DRIVE sales were for above 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 22 JUL	£287,500	£243,973	18% above HPI
2017 31 MAY	£200,000	£170,578	17% above HPI
2012 3 FEB	£136,000	£129,522	5% above HPI
2000 3 NOV	£77,500	£65,939	18% above HPI

5 CHERRY TREE DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Hinckley and Bosworth local authority area over time, sourced from the HPI. The four 5 CHERRY TREE DRIVE sales between November 2000 and July 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 May 2017 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the July 2022 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 5 CHERRY TREE DRIVE be worth now?

5 CHERRY TREE DRIVE might now be worth an estimated £293,789.

This is based on house price inflation of 2.2%, between July 2022 and February 2025, for semi-detached houses, in the Hinckley and Bosworth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.2% inflationary increase is applied to the most recent sale price for 5 CHERRY TREE DRIVE of £287,500 on 22nd July 2022. For the value to have increased from £287,500 to £293,789 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 5 CHERRY TREE DRIVE has moved in line with the HPI for semi-detached houses in the Hinckley and Bosworth local authority area.
• The July 2022 sale price of £287,500 represented a fair market value for the property.
• The size, condition, and specification of 5 CHERRY TREE DRIVE has not materially changed since July 2022.

How Large is 5 CHERRY TREE DRIVE?

5 CHERRY TREE DRIVE is 90m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the smallest 40% of semi-detached houses houses in Barwell, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Barwell, and where 5 CHERRY TREE DRIVE lies on this distribution: 37% of semi-detached houses houses are smaller than 5 CHERRY TREE DRIVE, and 61% of houses are larger. Note that EPC data is not available for all properties in Barwell.

5 CHERRY TREE DRIVE: Plot and Title Map

5 CHERRY TREE DRIVE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 5 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 5 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 5 CHERRY TREE DRIVE?

5 CHERRY TREE DRIVE is located in BARWELL, in the LE9 postcode district. The below map shows the position of No. 5 on CHERRY TREE DRIVE.