6, CHERRY TREE RISE, WALKERN, STEVENAGE, SG2 7JL - £500,000

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

6 CHERRY TREE RISE is a very small extended detached house of 89m², built sometime between 1983 and 1990. It was last sold for £500,000 in January 2022, which was around 35% below the average January 2022 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was A.

6 CHERRY TREE RISE Sold Prices

Land registry data shows four sales for 6 CHERRY TREE RISE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Hertfordshire local authority area for the corresponding sale date. All of the four 6 CHERRY TREE RISE 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 7 JAN	£500,000	£770,004	35% below HPI
2016 30 SEP	£375,000	£681,560	45% below HPI
2005 1 MAR	£244,000	£387,402	37% below HPI
1997 28 APR	£98,000	£152,842	36% below HPI

6 CHERRY TREE RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Hertfordshire local authority area over time, sourced from the HPI. The four 6 CHERRY TREE RISE sales between April 1997 and January 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 September 2016 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the January 2022 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 6 CHERRY TREE RISE?

6 CHERRY TREE RISE is 89m², which includes two extensions, according to the EPC inspection conducted in July 2021. This puts it in the smallest 10% of detached houses in Walkern, based on EPC data. The below chart shows the distribution of detached houses by size in Walkern, and where 6 CHERRY TREE RISE lies on this distribution: 6% of detached houses are smaller than 6 CHERRY TREE RISE, and 94% of houses are larger. Note that EPC data is not available for all properties in Walkern.

6 CHERRY TREE RISE: Plot and Title Map

6 CHERRY TREE RISE sits on a plot of roughly 0.061 of an acre, or 249m². The below map shows the location of 6 CHERRY TREE RISE, 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 6 CHERRY TREE RISE). 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 6 CHERRY TREE RISE?

6 CHERRY TREE RISE is located in WALKERN, in the SG2 postcode district. The below map shows the position of No. 6 on CHERRY TREE RISE.