CHERRY TREES, GOODLEIGH, BARNSTAPLE, EX32 7LZ - £355,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

CHERRY TREES is a midsized extended detached house of 141m², built sometime between 1967 and 1975, which could now be worth an estimated £454,804. It was last sold for £355,000 in June 2020, which was around 2% above the average June 2020 detached price in the North Devon local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

CHERRY TREES Sold Prices

Land registry data shows four sales for CHERRY TREES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. two of the four CHERRY TREES sales were for above the average price, and four 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
2020 24 JUN	£355,000	£347,456	2% above HPI
2012 19 DEC	£238,000	£269,416	12% below HPI
2001 25 MAY	£154,000	£145,623	6% above HPI
1999 14 JUL	£95,262	£105,356	10% below HPI

CHERRY TREES Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Devon local authority area over time, sourced from the HPI. The four CHERRY TREES sales between July 1999 and June 2020 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 December 2012 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the June 2020 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might CHERRY TREES be worth now?

CHERRY TREES might now be worth an estimated £454,804.

This is based on house price inflation of 28.1%, between June 2020 and February 2025, for detached houses, in the North Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28.1% inflationary increase is applied to the most recent sale price for CHERRY TREES of £355,000 on 24th June 2020. For the value to have increased from £355,000 to £454,804 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of CHERRY TREES has moved in line with the HPI for detached houses in the North Devon local authority area.
• The June 2020 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of CHERRY TREES has not materially changed since June 2020.

How Large is CHERRY TREES?

CHERRY TREES is 141m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the largest 50% of detached houses houses in Goodleigh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Goodleigh, and where CHERRY TREES lies on this distribution: 55% of detached houses houses are smaller than CHERRY TREES, and 45% of houses are larger. Note that EPC data is not available for all properties in Goodleigh.

CHERRY TREES: Plot and Title Map

CHERRY TREES sits on a plot of roughly 0.185 of an acre, or 748m². 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 in GOODLEIGH, in the EX32 postcode district. The below map shows the position of CHERRY TREES in GOODLEIGH.