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

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 large extended detached house of 171m², built sometime between 1950 and 1966. It was last sold for £875,000 in November 2016, which was around 26% 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	£692,227	26% above HPI
2008 31 MAR	£575,000	£481,747	19% above HPI
1998 11 JUN	£310,000	£206,561	50% above HPI
1997 25 NOV	£185,500	£192,167	3% 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 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the November 2016 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

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 in Prestwood, based on EPC data. The below chart shows the distribution of detached houses by size in Prestwood, and where CHERRY TREES lies on this distribution: 69% of detached 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.