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
9 CHERRY TREE CLOSE is a small extended detached house of 110m², built sometime between 1996 and 2002. It was last sold for £342,500 in March 2021, which was around 12% below the average March 2021 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 9 CHERRY TREE CLOSE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the three 9 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 |
---|---|---|---|
2021 24 MAR | £342,500 | £388,004 | 12% below HPI |
2019 7 MAY | £318,000 | £364,129 | 13% below HPI |
2003 22 AUG | £197,000 | £203,996 | 3% below HPI |
The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The three 9 CHERRY TREE CLOSE sales between August 2003 and March 2021 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 2019 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the March 2021 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.
9 CHERRY TREE CLOSE is 110m², which includes two extensions, according to the EPC inspection conducted in September 2018. This puts it in the smallest 40% of detached houses in Yaxley, based on EPC data. The below chart shows the distribution of detached houses by size in Yaxley, and where 9 CHERRY TREE CLOSE lies on this distribution: 32% of detached houses are smaller than 9 CHERRY TREE CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Yaxley.
9 CHERRY TREE CLOSE sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 9 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 9 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.
9 CHERRY TREE CLOSE is located in YAXLEY, in the IP23 postcode district. The below map shows the position of No. 9 on CHERRY TREE CLOSE.