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 very large extended detached house of 143m², built sometime between 1950 and 1966. It was last sold for £342,500 in September 2022, which was around 52% below the average September 2022 detached price in the Bath and North East Somerset local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for CHERRY TREES since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bath and North East Somerset local authority area for the corresponding sale date. Both of the two CHERRY TREES sales 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 |
---|---|---|---|
2022 16 SEP | £342,500 | £716,451 | 52% below HPI |
2018 20 JUL | £273,000 | £560,327 | 51% below HPI |
The below graph shows the average detached house price in the Bath and North East Somerset local authority area over time, sourced from the HPI. The two CHERRY TREES sales from July 2018 and September 2022 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 July 2018 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the September 2022 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.
CHERRY TREES is 143m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the largest 20% of detached houses in Midsomer Norton, based on EPC data. The below chart shows the distribution of detached houses by size in Midsomer Norton, and where CHERRY TREES lies on this distribution: 85% of detached houses are smaller than CHERRY TREES, and 14% of houses are larger. Note that EPC data is not available for all properties in Midsomer Norton.
CHERRY TREES sits on a plot of roughly 0.144 of an acre, or 582m². 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.
CHERRY TREES is located on PHILLIS HILL in PAULTON, in the BS39 postcode district. The below map shows the position of CHERRY TREES on PHILLIS HILL.