CHERRY TREE, BROADWAY, WOODBURY, EXETER, EX5 1NR - £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 is a small extended detached house of 101m², built sometime between 1950 and 1966. It was last sold for £405,000 in February 2011, which was around 25% above the average February 2011 detached price in the East Devon local authority area. The most recent EPC inspection was September 2009, where the current energy rating was F, and the potential energy rating was D.

CHERRY TREE Sold Prices

Land registry data shows two sales for CHERRY TREE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. Both of the two CHERRY TREE 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
2011 14 FEB	£405,000	£324,197	25% above HPI
2007 6 FEB	£365,000	£317,347	15% above HPI

CHERRY TREE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Devon local authority area over time, sourced from the HPI. The two CHERRY TREE sales from February 2007 and February 2011 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 February 2007 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the February 2011 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is CHERRY TREE?

CHERRY TREE is 101m², which includes one extension, according to the EPC inspection conducted in September 2009. This puts it in the smallest 40% of detached houses in Woodbury, based on EPC data. The below chart shows the distribution of detached houses by size in Woodbury, and where CHERRY TREE lies on this distribution: 31% of detached houses are smaller than CHERRY TREE, and 69% of houses are larger. Note that EPC data is not available for all properties in Woodbury.

CHERRY TREE: Plot and Title Map

CHERRY TREE sits on a plot of roughly 0.315 of an acre, or 1,275m². The below map shows the location of CHERRY TREE, 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). 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?

CHERRY TREE is located on BROADWAY in WOODBURY, in the EX5 postcode district. The below map shows the position of CHERRY TREE on BROADWAY.