CHERRY TREES, GREENLANDS LANE, PRESTWOOD, GREAT MISSENDEN, HP16 9QU - £875,000

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 TREES is a large extended detached house of 171m², built sometime between 1950 and 1966, which could now be worth an estimated £1,028,063. It was last sold for £875,000 in November 2016, which was around 21% above the average November 2016 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was C.

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 Buckinghamshire local authority area for the corresponding sale date. Most of the four CHERRY TREES 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
2016 22 NOV	£875,000	£720,206	21% above HPI
2008 31 MAR	£575,000	£501,218	15% above HPI
1998 11 JUN	£310,000	£214,910	44% above HPI
1997 25 NOV	£185,500	£199,934	7% below HPI

CHERRY TREES Price Paid vs. HPI Average

The below graph shows the average detached house price in the Buckinghamshire local authority area over time, sourced from the HPI. The four CHERRY TREES sales between November 1997 and November 2016 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 March 2008 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the November 2016 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might CHERRY TREES be worth now?

CHERRY TREES might now be worth an estimated £1,028,063.

This is based on house price inflation of 17.5%, between November 2016 and February 2025, for detached houses, in the Buckinghamshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.5% inflationary increase is applied to the most recent sale price for CHERRY TREES of £875,000 on 22nd November 2016. For the value to have increased from £875,000 to £1,028,063 over the nine years and nine 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 Buckinghamshire local authority area.
• The November 2016 sale price of £875,000 represented a fair market value for the property.
• The size, condition, and specification of CHERRY TREES has not materially changed since November 2016.

How Large is CHERRY TREES?

CHERRY TREES is 171m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the largest 40% of detached houses houses in Prestwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Prestwood, and where CHERRY TREES lies on this distribution: 69% of detached houses houses are smaller than CHERRY TREES, and 31% of houses are larger. Note that EPC data is not available for all properties in Prestwood.

CHERRY TREES: Plot and Title Map

CHERRY TREES sits on a plot of roughly 0.204 of an acre, or 827m². 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 GREENLANDS LANE in PRESTWOOD, in the HP16 postcode district. The below map shows the position of CHERRY TREES on GREENLANDS LANE.