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
CHERRYTREE COTTAGE is a small extended detached house of 108m², built sometime before 1900. It was last sold for £400,000 in December 2023, which was around 7% above the average December 2023 detached price in the Forest of Dean local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for CHERRYTREE COTTAGE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Forest of Dean local authority area for the corresponding sale date. Most of the five CHERRYTREE COTTAGE 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 |
---|---|---|---|
2023 15 DEC | £400,000 | £374,940 | 7% above HPI |
2019 6 SEP | £287,500 | £318,214 | 10% below HPI |
2016 9 FEB | £240,000 | £267,738 | 10% below HPI |
2014 11 NOV | £249,000 | £253,882 | 2% below HPI |
2001 6 APR | £103,000 | £123,494 | 17% below HPI |
The below graph shows the average detached house price in the Forest of Dean local authority area over time, sourced from the HPI. The five CHERRYTREE COTTAGE sales between April 2001 and December 2023 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 2019 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the December 2023 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.
CHERRYTREE COTTAGE is 108m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the smallest 40% of detached houses in Yorkley, based on EPC data. The below chart shows the distribution of detached houses by size in Yorkley, and where CHERRYTREE COTTAGE lies on this distribution: 32% of detached houses are smaller than CHERRYTREE COTTAGE, and 68% of houses are larger. Note that EPC data is not available for all properties in Yorkley.
CHERRYTREE COTTAGE sits on a plot of roughly 0.125 of an acre, or 504m². The below map shows the location of CHERRYTREE COTTAGE, 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 CHERRYTREE COTTAGE). 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.
CHERRYTREE COTTAGE is located on MAIN ROAD in LOWER YORKLEY, in the GL15 postcode district. The below map shows the position of CHERRYTREE COTTAGE on MAIN ROAD.