CHERRY TREES, MAIN STREET, ASLOCKTON, NOTTINGHAM, NG13 9AL - £720,000

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 very large extended detached house of 293m², built sometime between 1983 and 1990, which could now be worth an estimated £883,985. It was last sold for £720,000 in January 2021, which was around 77% above the average January 2021 detached price in the Rushcliffe local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was C.

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 Rushcliffe 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
2021 11 JAN	£720,000	£407,442	77% above HPI
2006 9 JUN	£249,950	£266,075	6% below HPI

CHERRY TREES Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The two CHERRY TREES sales from June 2006 and January 2021 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 June 2006 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the January 2021 sale, where it rises to 77% above the HPI. The line then continues to track at 77% above the HPI.

What might CHERRY TREES be worth now?

CHERRY TREES might now be worth an estimated £883,985.

This is based on house price inflation of 22.8%, between January 2021 and February 2025, for detached houses, in the Rushcliffe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.8% inflationary increase is applied to the most recent sale price for CHERRY TREES of £720,000 on 11th January 2021. For the value to have increased from £720,000 to £883,985 over the three years and eleven 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 Rushcliffe local authority area.
• The January 2021 sale price of £720,000 represented a fair market value for the property.
• The size, condition, and specification of CHERRY TREES has not materially changed since January 2021.

How Large is CHERRY TREES?

CHERRY TREES is 293m², which includes two extensions, according to the EPC inspection conducted in October 2017. This puts it in the largest 10% of detached houses houses in Aslockton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Aslockton, and where CHERRY TREES lies on this distribution: More than 99% of detached houses houses are smaller than CHERRY TREES, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Aslockton.

CHERRY TREES: Plot and Title Map

CHERRY TREES sits on a plot of roughly 0.096 of an acre, or 388m². 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 MAIN STREET in ASLOCKTON, in the NG13 postcode district. The below map shows the position of CHERRY TREES on MAIN STREET.