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
5B CHERRY TREE CLOSE is a small detached house of 109m², built sometime from 2012 onwards. It was last sold for £370,000 in October 2022, which was around 30% below the average October 2022 detached price in the Stroud local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 5B CHERRY TREE CLOSE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Stroud local authority area for the corresponding sale date. Most of the five 5B 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 28 OCT | £370,000 | £529,534 | 30% below HPI |
2015 20 MAR | £295,000 | £342,007 | 14% below HPI |
2011 1 MAR | £237,500 | £301,503 | 21% below HPI |
2010 29 JAN | £137,000 | £292,861 | 53% below HPI |
2006 14 FEB | £375,000 | £289,204 | 30% above HPI |
The below graph shows the average detached house price in the Stroud local authority area over time, sourced from the HPI. The five 5B CHERRY TREE CLOSE sales between February 2006 and October 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 March 2015 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the October 2022 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.
5B CHERRY TREE CLOSE is 109m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 30% of detached houses in Nailsworth, based on EPC data. The below chart shows the distribution of detached houses by size in Nailsworth, and where 5B CHERRY TREE CLOSE lies on this distribution: 30% of detached houses are smaller than 5B CHERRY TREE CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Nailsworth.
5B CHERRY TREE CLOSE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 5B 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 5B 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.
5B CHERRY TREE CLOSE is located in NAILSWORTH, in the GL6 postcode district. The below map shows the position of No. 5B on CHERRY TREE CLOSE.