CHERRY TREES, CHURCH LANE, TETNEY, GRIMSBY, DN36 5JX - £165,000

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 TREES is a midsized extended detached house of 171m², built sometime between 1976 and 1982. It was last sold for £165,000 in October 2002, which was around 44% above the average October 2002 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2015, where the current energy rating was E, 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 East Lindsey local authority area for the corresponding sale date. Two of the three CHERRY TREES sales were for above the average price, whilst one was 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
2002 17 OCT	£165,000	£114,682	44% above HPI
2001 1 AUG	£30,000	£83,628	64% below HPI
1996 27 SEP	£93,500	£58,109	61% above HPI

CHERRY TREES Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The three CHERRY TREES sales between September 1996 and October 2002 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 August 2001 sale was for 64% below the HPI. So the extrapolation line tracks at 64% below the HPI over time, until the October 2002 sale, where it rises to 44% above the HPI. The line then continues to track at 44% above the HPI.

How Large is CHERRY TREES?

CHERRY TREES is 171m², which includes two extensions, according to the EPC inspection conducted in January 2015. This puts it in the largest 50% of detached houses in Tetney, based on EPC data. The below chart shows the distribution of detached houses by size in Tetney, and where CHERRY TREES lies on this distribution: 57% of detached houses are smaller than CHERRY TREES, and 43% of houses are larger. Note that EPC data is not available for all properties in Tetney.

CHERRY TREES: Plot and Title Map

CHERRY TREES sits on a plot of roughly 0.151 of an acre, or 611m². 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 CHURCH LANE in TETNEY, in the DN36 postcode district. The below map shows the position of CHERRY TREES on CHURCH LANE.