CHERRYTREES, MAIN STREET, COUNTESTHORPE, LEICESTER, LE8 5QX - £735,000

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

CHERRYTREES is a very large detached house of 205m², built sometime between 1996 and 2002. It was last sold for £735,000 in August 2019, which was around 128% above the average August 2019 detached price in the Blaby local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.

CHERRYTREES Sold Prices

Land registry data shows three sales for CHERRYTREES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Blaby local authority area for the corresponding sale date. All of the three CHERRYTREES 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
2019 8 AUG	£735,000	£321,914	128% above HPI
2008 16 MAY	£497,500	£239,863	107% above HPI
2002 9 DEC	£374,000	£160,315	133% above HPI

CHERRYTREES Price Paid vs. HPI Average

The below graph shows the average detached house price in the Blaby local authority area over time, sourced from the HPI. The three CHERRYTREES sales between December 2002 and August 2019 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 May 2008 sale was for 107% above the HPI. So the extrapolation line tracks at 107% above the HPI over time, until the August 2019 sale, where it rises to 128% above the HPI. The line then continues to track at 128% above the HPI.

How Large is CHERRYTREES?

CHERRYTREES is 205m² according to the EPC inspection conducted in September 2018. This puts it in the largest 10% of detached houses in Countesthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Countesthorpe, and where CHERRYTREES lies on this distribution: 94% of detached houses are smaller than CHERRYTREES, and 6% of houses are larger. Note that EPC data is not available for all properties in Countesthorpe.

CHERRYTREES: Plot and Title Map

CHERRYTREES sits on a plot of roughly 0.190 of an acre, or 769m². The below map shows the location of CHERRYTREES, 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 CHERRYTREES). 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 CHERRYTREES?

CHERRYTREES is located on MAIN STREET in COUNTESTHORPE, in the LE8 postcode district. The below map shows the position of CHERRYTREES on MAIN STREET.