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
5 CHERRY TREE ROAD is a very large extended detached house of 242m², built sometime between 1950 and 1966. It was last sold for £1,375,000 in July 2023, which was around 57% above the average July 2023 detached price in the Waverley local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for 5 CHERRY TREE ROAD since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Waverley local authority area for the corresponding sale date. One of the two 5 CHERRY TREE ROAD sales was for above the average price, whilst the other was 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 |
---|---|---|---|
2023 13 JUL | £1,375,000 | £874,655 | 57% above HPI |
2010 26 APR | £455,000 | £531,416 | 14% below HPI |
The below graph shows the average detached house price in the Waverley local authority area over time, sourced from the HPI. The two 5 CHERRY TREE ROAD sales from April 2010 and July 2023 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 April 2010 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the July 2023 sale, where it rises to 57% above the HPI. The line then continues to track at 57% above the HPI.
5 CHERRY TREE ROAD is 242m², which includes two extensions, according to the EPC inspection conducted in August 2018. This puts it in the largest 20% of detached houses in Rowledge, based on EPC data. The below chart shows the distribution of detached houses by size in Rowledge, and where 5 CHERRY TREE ROAD lies on this distribution: 88% of detached houses are smaller than 5 CHERRY TREE ROAD, and 12% of houses are larger. Note that EPC data is not available for all properties in Rowledge.
5 CHERRY TREE ROAD sits on a plot of roughly 0.215 of an acre, or 870m². The below map shows the location of 5 CHERRY TREE ROAD, 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 ROAD). 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.
5 CHERRY TREE ROAD is located in ROWLEDGE, in the GU10 postcode district. The below map shows the position of No. 5 on CHERRY TREE ROAD.