CHERRY TREE HOUSE, PITS LANE, CHEDGRAVE, NORWICH, NR14 6NQ - £329,000

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 HOUSE is a large detached house of 120m², built sometime between 2003 and 2006, which could now be worth an estimated £591,828. It was last sold for £329,000 in June 2013, which was around 34% above the average June 2013 detached price in the South Norfolk local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

CHERRY TREE HOUSE Sold Prices

Land registry data shows two sales for CHERRY TREE HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. Both of the two CHERRY TREE HOUSE 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
2013 17 JUN	£329,000	£244,651	34% above HPI
2005 28 JUN	£288,000	£234,887	23% above HPI

CHERRY TREE HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The two CHERRY TREE HOUSE sales from June 2005 and June 2013 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 June 2005 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the June 2013 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might CHERRY TREE HOUSE be worth now?

CHERRY TREE HOUSE might now be worth an estimated £591,828.

This is based on house price inflation of 79.9%, between June 2013 and February 2025, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 79.9% inflationary increase is applied to the most recent sale price for CHERRY TREE HOUSE of £329,000 on 17th June 2013. For the value to have increased from £329,000 to £591,828 over the twelve years and four months to February 2025, the following assumptions must hold true:

• The value of CHERRY TREE HOUSE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The June 2013 sale price of £329,000 represented a fair market value for the property.
• The size, condition, and specification of CHERRY TREE HOUSE has not materially changed since June 2013.

How Large is CHERRY TREE HOUSE?

CHERRY TREE HOUSE is 120m² according to the EPC inspection conducted in October 2023. This puts it in the largest 30% of detached houses houses in Chedgrave, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chedgrave, and where CHERRY TREE HOUSE lies on this distribution: 71% of detached houses houses are smaller than CHERRY TREE HOUSE, and 29% of houses are larger. Note that EPC data is not available for all properties in Chedgrave.

CHERRY TREE HOUSE: Plot and Title Map

CHERRY TREE HOUSE sits on a plot of roughly 0.143 of an acre, or 578m². 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 PITS LANE in CHEDGRAVE, in the NR14 postcode district. The below map shows the position of CHERRY TREE HOUSE on PITS LANE.