CHERRY TREE HOUSE, THE STREET, GAZELEY, NEWMARKET, CB8 8RB - £622,000

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 HOUSE is a very large extended detached house of 288m², built sometime between 1967 and 1975. It was last sold for £622,000 in July 2015, which was around 95% above the average July 2015 detached price in the West Suffolk local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was D.

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 West Suffolk 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
2015 23 JUL	£622,000	£319,308	95% above HPI
2010 18 JAN	£400,000	£253,531	58% above HPI

CHERRY TREE HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Suffolk local authority area over time, sourced from the HPI. The two CHERRY TREE HOUSE sales from January 2010 and July 2015 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 January 2010 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the July 2015 sale, where it rises to 95% above the HPI. The line then continues to track at 95% above the HPI.

How Large is CHERRY TREE HOUSE?

CHERRY TREE HOUSE is 288m², which includes four extensions, according to the EPC inspection conducted in March 2013. This puts it in the largest 10% of detached houses in Gazeley, based on EPC data. The below chart shows the distribution of detached houses by size in Gazeley, and where CHERRY TREE HOUSE lies on this distribution: 96% of detached houses are smaller than CHERRY TREE HOUSE, and 4% of houses are larger. Note that EPC data is not available for all properties in Gazeley.

CHERRY TREE HOUSE: Plot and Title Map

CHERRY TREE HOUSE sits on a plot of roughly 1.3 acres, or 5,333m². 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 THE STREET in GAZELEY, in the CB8 postcode district. The below map shows the position of CHERRY TREE HOUSE on THE STREET.