CHERRY TREE, BROADWAY, WOODBURY, EXETER, EX5 1NR - £405,000

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 TREE is a small extended detached house of 101m², built sometime between 1950 and 1966, which could now be worth an estimated £655,202. It was last sold for £405,000 in February 2011, which was around 21% 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	£333,744	21% above HPI
2007 6 FEB	£365,000	£326,692	12% 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 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the February 2011 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might CHERRY TREE be worth now?

CHERRY TREE might now be worth an estimated £655,202.

This is based on house price inflation of 61.8%, between February 2011 and February 2025, for detached houses, in the East Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 61.8% inflationary increase is applied to the most recent sale price for CHERRY TREE of £405,000 on 14th February 2011. For the value to have increased from £405,000 to £655,202 over the fourteen years to February 2025, the following assumptions must hold true:

• The value of CHERRY TREE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The February 2011 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of CHERRY TREE has not materially changed since February 2011.

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 houses in Woodbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woodbury, and where CHERRY TREE lies on this distribution: 31% of detached houses 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.