CHERRY CROFT, GRETTON, CHELTENHAM, GL54 5EP - £480,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

CHERRY CROFT is a very small extended detached house of 121m², built sometime between 1976 and 1982, which could now be worth an estimated £573,490. It was last sold for £480,000 in March 2021, which was around 13% above the average March 2021 detached price in the Tewkesbury local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

CHERRY CROFT Sold Prices

Land registry data shows three sales for CHERRY CROFT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Tewkesbury local authority area for the corresponding sale date. Two of the three CHERRY CROFT sales were for above the average price, whilst one 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
2021 12 MAR	£480,000	£425,421	13% above HPI
2017 24 NOV	£441,000	£383,421	15% above HPI
2008 8 JAN	£300,000	£310,427	3% below HPI

CHERRY CROFT Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tewkesbury local authority area over time, sourced from the HPI. The three CHERRY CROFT sales between January 2008 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 November 2017 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the March 2021 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might CHERRY CROFT be worth now?

CHERRY CROFT might now be worth an estimated £573,490.

This is based on house price inflation of 19.5%, between March 2021 and February 2025, for detached houses, in the Tewkesbury local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.5% inflationary increase is applied to the most recent sale price for CHERRY CROFT of £480,000 on 12th March 2021. For the value to have increased from £480,000 to £573,490 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of CHERRY CROFT has moved in line with the HPI for detached houses in the Tewkesbury local authority area.
• The March 2021 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of CHERRY CROFT has not materially changed since March 2021.

How Large is CHERRY CROFT?

CHERRY CROFT is 121m², which includes two extensions, according to the EPC inspection conducted in October 2020. This puts it in the smallest 20% of detached houses houses in Gretton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gretton, and where CHERRY CROFT lies on this distribution: 17% of detached houses houses are smaller than CHERRY CROFT, and 83% of houses are larger. Note that EPC data is not available for all properties in Gretton.

CHERRY CROFT: Plot and Title Map

CHERRY CROFT sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of CHERRY CROFT, 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 CHERRY CROFT). 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 CHERRY CROFT?

CHERRY CROFT is located in GRETTON, in the GL54 postcode district. The below map shows the position of CHERRY CROFT in GRETTON.