CHERRY TREE BARN, DOG LANE, HORSFORD, NORWICH, NR10 3DH - £405,000

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

CHERRY TREE BARN is a midsized detached house of 128m². It was last sold for £405,000 in January 2019, which was around 16% above the average January 2019 detached price in the Broadland local authority area. The most recent EPC inspection was November 2018, where the current energy rating was C, and the potential energy rating was A.

CHERRY TREE BARN Sold Prices

Land registry data shows two sales for CHERRY TREE BARN since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. One of the two CHERRY TREE BARN sales was for above the average price, whilst the other 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
2019 10 JAN	£405,000	£349,804	16% above HPI
2017 18 MAY	£149,999	£321,683	53% below HPI

CHERRY TREE BARN Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The two CHERRY TREE BARN sales from May 2017 and January 2019 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 2017 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the January 2019 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is CHERRY TREE BARN?

CHERRY TREE BARN is 128m² according to the EPC inspection conducted in November 2018. This puts it in the largest 50% of detached houses in Horsford, based on EPC data. The below chart shows the distribution of detached houses by size in Horsford, and where CHERRY TREE BARN lies on this distribution: 56% of detached houses are smaller than CHERRY TREE BARN, and 44% of houses are larger. Note that EPC data is not available for all properties in Horsford.

CHERRY TREE BARN: Plot and Title Map

CHERRY TREE BARN sits on a plot of roughly 0.134 of an acre, or 543m². The below map shows the location of CHERRY TREE BARN, 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 TREE BARN). 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 TREE BARN?

CHERRY TREE BARN is located on DOG LANE in HORSFORD, in the NR10 postcode district. The below map shows the position of CHERRY TREE BARN on DOG LANE.