CHERRY TREES, VICTORIA MILL ROAD, FRAMLINGHAM, WOODBRIDGE, IP13 9EG - £261,000

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 large detached house of 135m², built sometime between 1991 and 1995. It was last sold for £261,000 in December 2002, which was around 49% above the average December 2002 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, 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 East Suffolk local authority area for the corresponding sale date. Both of the two 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
2002 3 DEC	£261,000	£175,252	49% above HPI
1996 25 MAR	£107,500	£72,548	48% above 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 March 1996 and December 2002 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 1996 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the December 2002 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

How Large is CHERRY TREES?

CHERRY TREES is 135m² according to the EPC inspection conducted in March 2016. This puts it in the largest 30% of detached houses in Framlingham, based on EPC data. The below chart shows the distribution of detached houses by size in Framlingham, and where CHERRY TREES lies on this distribution: 74% of detached houses are smaller than CHERRY TREES, and 25% of houses are larger. Note that EPC data is not available for all properties in Framlingham.

CHERRY TREES: Plot and Title Map

CHERRY TREES sits on a plot of roughly 0.194 of an acre, or 783m². 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 VICTORIA MILL ROAD in FRAMLINGHAM, in the IP13 postcode district. The below map shows the position of CHERRY TREES on VICTORIA MILL ROAD.