CHERRY TREES, BETHEL CLOSE, FARNHAM, GU9 0PZ - £542,000

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 TREES is a small detached house of 99m², built sometime between 1950 and 1966. It was last sold for £542,000 in February 2018, which was around 26% below the average February 2018 detached price in the Waverley local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was B.

CHERRY TREES Sold Prices

Land registry data shows three sales for CHERRY TREES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Waverley local authority area for the corresponding sale date. All of the three CHERRY TREES 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
2018 23 FEB	£542,000	£733,337	26% below HPI
2001 26 SEP	£237,500	£336,106	29% below HPI
2000 14 APR	£199,950	£282,183	29% below HPI

CHERRY TREES Price Paid vs. HPI Average

The below graph shows the average detached house price in the Waverley local authority area over time, sourced from the HPI. The three CHERRY TREES sales between April 2000 and February 2018 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 September 2001 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the February 2018 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is CHERRY TREES?

CHERRY TREES is 99m² according to the EPC inspection conducted in November 2017. This puts it in the smallest 40% of detached houses in Upper Hale, based on EPC data. The below chart shows the distribution of detached houses by size in Upper Hale, and where CHERRY TREES lies on this distribution: 32% of detached houses are smaller than CHERRY TREES, and 67% of houses are larger. Note that EPC data is not available for all properties in Upper Hale.

CHERRY TREES: Plot and Title Map

CHERRY TREES sits on a plot of roughly 0.151 of an acre, or 613m². The below map shows the location of CHERRY TREES, 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 TREES). 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 TREES?

CHERRY TREES is located on BETHEL CLOSE in FARNHAM, in the GU9 postcode district. The below map shows the position of CHERRY TREES on BETHEL CLOSE.