CHERRY TREES, PIT ROAD, HEMSBY, GREAT YARMOUTH, NR29 4LG - £263,000

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 midsized detached house of 108m², built sometime between 1983 and 1990. It was last sold for £263,000 in June 2017, which was around 11% above the average June 2017 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was February 2011, where the current energy rating was E, and the potential energy rating was D.

CHERRY TREES Sold Prices

Land registry data shows three sales for CHERRY TREES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Great Yarmouth local authority area for the corresponding sale date. Two of the three CHERRY TREES sales were for above the average price, whilst one 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
2017 26 JUN	£263,000	£237,433	11% above HPI
2016 1 SEP	£200,000	£223,199	10% below HPI
2011 1 AUG	£197,000	£187,369	5% above HPI

CHERRY TREES Price Paid vs. HPI Average

The below graph shows the average detached house price in the Great Yarmouth local authority area over time, sourced from the HPI. The three CHERRY TREES sales between August 2011 and June 2017 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 September 2016 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the June 2017 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is CHERRY TREES?

CHERRY TREES is 108m² according to the EPC inspection conducted in February 2011. This puts it in the largest 50% of detached houses in Hemsby, based on EPC data. The below chart shows the distribution of detached houses by size in Hemsby, and where CHERRY TREES lies on this distribution: 58% of detached houses are smaller than CHERRY TREES, and 42% of houses are larger. Note that EPC data is not available for all properties in Hemsby.

CHERRY TREES: Plot and Title Map

CHERRY TREES sits on a plot of roughly 0.111 of an acre, or 447m². 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 PIT ROAD in HEMSBY, in the NR29 postcode district. The below map shows the position of CHERRY TREES on PIT ROAD.