Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
5A CHERRY TREE CLOSE is a midsized extended detached house of 126m², built sometime from 2012 onwards. It was last sold for £320,000 in October 2020, which was around 30% below the average October 2020 detached price in the Stroud local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 5A CHERRY TREE CLOSE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Stroud local authority area for the corresponding sale date. Both of the two 5A 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 |
---|---|---|---|
2020 21 OCT | £320,000 | £460,026 | 30% below HPI |
2014 5 DEC | £317,500 | £338,148 | 6% below HPI |
The below graph shows the average detached house price in the Stroud local authority area over time, sourced from the HPI. The two 5A CHERRY TREE CLOSE sales from December 2014 and October 2020 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 December 2014 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the October 2020 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.
5A CHERRY TREE CLOSE is 126m², which includes two extensions, according to the EPC inspection conducted in October 2023. This puts it in the smallest 50% of detached houses in Nailsworth, based on EPC data. The below chart shows the distribution of detached houses by size in Nailsworth, and where 5A CHERRY TREE CLOSE lies on this distribution: 46% of detached houses are smaller than 5A CHERRY TREE CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Nailsworth.
5A CHERRY TREE CLOSE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 5A 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 5A 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.
5A CHERRY TREE CLOSE is located in NAILSWORTH, in the GL6 postcode district. The below map shows the position of No. 5A on CHERRY TREE CLOSE.