CHERRY TREES, WYEDALE DRIVE, BAKEWELL, DE45 1BB - £340,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

CHERRY TREES is a very small extended detached house of 71m², built sometime between 1967 and 1975, which could now be worth an estimated £403,419. It was last sold for £340,000 in August 2021, which was around 16% below the average August 2021 detached price in the Derbyshire Dales local authority area. The most recent EPC inspection was February 2021, where the current energy rating was D, 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 Derbyshire Dales 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
2021 2 AUG	£340,000	£403,929	16% below HPI
2002 13 AUG	£159,500	£168,902	6% below HPI

CHERRY TREES Price Paid vs. HPI Average

The below graph shows the average detached house price in the Derbyshire Dales local authority area over time, sourced from the HPI. The two CHERRY TREES sales from August 2002 and August 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 August 2002 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the August 2021 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might CHERRY TREES be worth now?

CHERRY TREES might now be worth an estimated £403,419.

This is based on house price inflation of 18.7%, between August 2021 and February 2025, for detached houses, in the Derbyshire Dales local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.7% inflationary increase is applied to the most recent sale price for CHERRY TREES of £340,000 on 2nd August 2021. For the value to have increased from £340,000 to £403,419 over the four years and six 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 Derbyshire Dales local authority area.
• The August 2021 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of CHERRY TREES has not materially changed since August 2021.

How Large is CHERRY TREES?

CHERRY TREES is 71m², which includes one extension, according to the EPC inspection conducted in February 2021. This puts it in the smallest 10% of detached houses houses in Bakewell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bakewell, and where CHERRY TREES lies on this distribution: 6% of detached houses houses are smaller than CHERRY TREES, and 94% of houses are larger. Note that EPC data is not available for all properties in Bakewell.

CHERRY TREES: Plot and Title Map

CHERRY TREES sits on a plot of roughly 0.092 of an acre, or 373m². 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 WYEDALE DRIVE in BAKEWELL, in the DE45 postcode district. The below map shows the position of CHERRY TREES on WYEDALE DRIVE.