CHERRY HOUSE, CHERRY GARDEN LANE, DANBURY, CHELMSFORD, CM3 4QP - £799,000

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 HOUSE is a very large detached house of 239m², built sometime between 1996 and 2002, which could now be worth an estimated £1,400,579. It was last sold for £799,000 in February 2013, which was around 110% above the average February 2013 detached price in the Chelmsford local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was C.

CHERRY HOUSE Sold Prices

Land registry data shows two sales for CHERRY HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. Both of the two CHERRY HOUSE sales were 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
2013 21 FEB	£799,000	£379,654	110% above HPI
2006 21 AUG	£762,500	£346,069	120% above HPI

CHERRY HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chelmsford local authority area over time, sourced from the HPI. The two CHERRY HOUSE sales from August 2006 and February 2013 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 August 2006 sale was for 120% above the HPI. So the extrapolation line tracks at 120% above the HPI over time, until the February 2013 sale, where it falls to 110% above the HPI. The line then continues to track at 110% above the HPI.

What might CHERRY HOUSE be worth now?

CHERRY HOUSE might now be worth an estimated £1,400,579.

This is based on house price inflation of 75.3%, between February 2013 and February 2025, for detached houses, in the Chelmsford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 75.3% inflationary increase is applied to the most recent sale price for CHERRY HOUSE of £799,000 on 21st February 2013. For the value to have increased from £799,000 to £1,400,579 over the twelve years to February 2025, the following assumptions must hold true:

• The value of CHERRY HOUSE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The February 2013 sale price of £799,000 represented a fair market value for the property.
• The size, condition, and specification of CHERRY HOUSE has not materially changed since February 2013.

How Large is CHERRY HOUSE?

CHERRY HOUSE is 239m² according to the EPC inspection conducted in September 2011. This puts it in the largest 20% of detached houses houses in Danbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Danbury, and where CHERRY HOUSE lies on this distribution: 89% of detached houses houses are smaller than CHERRY HOUSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Danbury.

CHERRY HOUSE: Plot and Title Map

CHERRY HOUSE sits on a plot of roughly 0.271 of an acre, or 1,095m². The below map shows the location of CHERRY HOUSE, 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 HOUSE). 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 HOUSE?

CHERRY HOUSE is located on CHERRY GARDEN LANE in DANBURY, in the CM3 postcode district. The below map shows the position of CHERRY HOUSE on CHERRY GARDEN LANE.