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 COTTAGE is a midsized extended detached house of 149m², built sometime before 1900. It was last sold for £500,000 in June 2021, which was around 92% above the average June 2021 detached price in the Bassetlaw local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was A.
Land registry data shows three sales for CHERRY TREE COTTAGE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bassetlaw local authority area for the corresponding sale date. One of the three CHERRY TREE COTTAGE sales was for above the average price, whilst two were 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 |
---|---|---|---|
2021 4 JUN | £500,000 | £260,039 | 92% above HPI |
2015 18 DEC | £125,000 | £199,006 | 37% below HPI |
2002 25 OCT | £52,000 | £111,240 | 53% below HPI |
The below graph shows the average detached house price in the Bassetlaw local authority area over time, sourced from the HPI. The three CHERRY TREE COTTAGE sales between October 2002 and June 2021 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 December 2015 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the June 2021 sale, where it rises to 92% above the HPI. The line then continues to track at 92% above the HPI.
CHERRY TREE COTTAGE is 149m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the smallest 50% of detached houses in North Wheatley, based on EPC data. The below chart shows the distribution of detached houses by size in North Wheatley, and where CHERRY TREE COTTAGE lies on this distribution: 45% of detached houses are smaller than CHERRY TREE COTTAGE, and 52% of houses are larger. Note that EPC data is not available for all properties in North Wheatley.
CHERRY TREE COTTAGE sits on a plot of roughly 0.093 of an acre, or 378m². The below map shows the location of CHERRY TREE COTTAGE, 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 COTTAGE). 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.
CHERRY TREE COTTAGE is located on LOW STREET in NORTH WHEATLEY, in the DN22 postcode district. The below map shows the position of CHERRY TREE COTTAGE on LOW STREET.