CHERRY TREE HOUSE, BROMYARD ROAD, TENBURY WELLS, WR15 8DA - £290,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

CHERRY TREE HOUSE is a large extended detached house of 128m², built sometime between 2003 and 2006. It was last sold for £290,000 in December 2023, which was around 38% below the average December 2023 detached price in the Malvern Hills local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.

CHERRY TREE HOUSE Sold Prices

Land registry data shows four sales for CHERRY TREE HOUSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Malvern Hills local authority area for the corresponding sale date. All of the four CHERRY TREE HOUSE sales 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
2023 20 DEC	£290,000	£465,154	38% below HPI
2016 21 OCT	£242,500	£331,268	27% below HPI
2012 6 JUL	£229,000	£287,625	20% below HPI
2008 14 JAN	£248,000	£307,747	19% below HPI

CHERRY TREE HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Malvern Hills local authority area over time, sourced from the HPI. The four CHERRY TREE HOUSE sales between January 2008 and December 2023 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 October 2016 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the December 2023 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is CHERRY TREE HOUSE?

CHERRY TREE HOUSE is 128m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the largest 40% of detached houses in Tenbury Wells, based on EPC data. The below chart shows the distribution of detached houses by size in Tenbury Wells, and where CHERRY TREE HOUSE lies on this distribution: 67% of detached houses are smaller than CHERRY TREE HOUSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Tenbury Wells.

CHERRY TREE HOUSE: Plot and Title Map

CHERRY TREE HOUSE sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of CHERRY TREE 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 TREE 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 TREE HOUSE?

CHERRY TREE HOUSE is located on BROMYARD ROAD in TENBURY WELLS, in the WR15 postcode district. The below map shows the position of CHERRY TREE HOUSE on BROMYARD ROAD.