CHERRY TREES, LONDON ROAD, BECCLES, NR34 9YU - £360,000

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 very large detached house of 142m², built sometime from 2007 onwards. It was last sold for £360,000 in July 2014, which was around 31% above the average July 2014 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

CHERRY TREES Sold Prices

Land registry data shows two sales for CHERRY TREES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. One of the two CHERRY TREES sales was for above the average price, whilst the other 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
2014 30 JUL	£360,000	£274,314	31% above HPI
2007 5 OCT	£170,000	£269,163	37% below HPI

CHERRY TREES Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The two CHERRY TREES sales from October 2007 and July 2014 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 October 2007 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the July 2014 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is CHERRY TREES?

CHERRY TREES is 142m² according to the EPC inspection conducted in April 2014. This puts it in the largest 20% of detached houses in Beccles, based on EPC data. The below chart shows the distribution of detached houses by size in Beccles, and where CHERRY TREES lies on this distribution: 84% of detached houses are smaller than CHERRY TREES, and 15% of houses are larger. Note that EPC data is not available for all properties in Beccles.

CHERRY TREES: Plot and Title Map

CHERRY TREES sits on a plot of roughly 0.177 of an acre, or 715m². 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 LONDON ROAD in BECCLES, in the NR34 postcode district. The below map shows the position of CHERRY TREES on LONDON ROAD.