CHERRY GATE, KILN LANE, STOKENHAM, KINGSBRIDGE, TQ7 2SF - £380,000

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 GATE is a midsized extended detached house of 121m², built sometime between 1950 and 1966, which could now be worth an estimated £541,322. It was last sold for £380,000 in June 2017, which was around 7% below the average June 2017 detached price in the South Hams local authority area. The most recent EPC inspection was June 2016, where the current energy rating was F, and the potential energy rating was C.

CHERRY GATE Sold Prices

Land registry data shows two sales for CHERRY GATE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Hams local authority area for the corresponding sale date. One of the two CHERRY GATE sales was for below the average price, whilst the other was for above 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
2017 16 JUN	£380,000	£409,773	7% below HPI
1996 31 OCT	£149,000	£106,138	40% above HPI

CHERRY GATE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Hams local authority area over time, sourced from the HPI. The two CHERRY GATE sales from October 1996 and June 2017 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 October 1996 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the June 2017 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might CHERRY GATE be worth now?

CHERRY GATE might now be worth an estimated £541,322.

This is based on house price inflation of 42.5%, between June 2017 and February 2025, for detached houses, in the South Hams local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 42.5% inflationary increase is applied to the most recent sale price for CHERRY GATE of £380,000 on 16th June 2017. For the value to have increased from £380,000 to £541,322 over the eight years and four months to February 2025, the following assumptions must hold true:

• The value of CHERRY GATE has moved in line with the HPI for detached houses in the South Hams local authority area.
• The June 2017 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of CHERRY GATE has not materially changed since June 2017.

How Large is CHERRY GATE?

CHERRY GATE is 121m², which includes two extensions, according to the EPC inspection conducted in June 2016. This puts it in the smallest 50% of detached houses houses in Stokenham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stokenham, and where CHERRY GATE lies on this distribution: 42% of detached houses houses are smaller than CHERRY GATE, and 58% of houses are larger. Note that EPC data is not available for all properties in Stokenham.

CHERRY GATE: Plot and Title Map

CHERRY GATE sits on a plot of roughly 0.198 of an acre, or 803m². The below map shows the location of CHERRY GATE, 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 GATE). 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 GATE?

CHERRY GATE is located on KILN LANE in STOKENHAM, in the TQ7 postcode district. The below map shows the position of CHERRY GATE on KILN LANE.