THE CHERRIES, RAFFIN LANE, PEWSEY, SN9 5HJ - £165,000

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

THE CHERRIES is a very small extended semi-detached house of 67m², built sometime between 1983 and 1990. It was last sold for £165,000 in August 2013, which was around 47% below the average August 2013 detached price in the Wiltshire local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was C.

THE CHERRIES Sold Prices

Land registry data shows three sales for THE CHERRIES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. All of the three THE CHERRIES 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
2013 2 AUG	£165,000	£313,515	47% below HPI
2001 16 MAR	£96,000	£180,693	47% below HPI
1995 8 SEP	£58,000	£100,258	42% below HPI

THE CHERRIES Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wiltshire local authority area over time, sourced from the HPI. The three THE CHERRIES sales between September 1995 and August 2013 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 2001 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the August 2013 sale, which was also at 47% below the HPI.

How Large is THE CHERRIES?

THE CHERRIES is 67m², which includes one extension, according to the EPC inspection conducted in September 2012. This puts it in the smallest 10% of detached houses in Pewsey, based on EPC data. The below chart shows the distribution of detached houses by size in Pewsey, and where THE CHERRIES lies on this distribution: 2% of detached houses are smaller than THE CHERRIES, and 97% of houses are larger. Note that EPC data is not available for all properties in Pewsey.

THE CHERRIES: Plot and Title Map

THE CHERRIES sits on a plot of roughly 0.083 of an acre, or 338m². The below map shows the location of THE CHERRIES, 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 THE CHERRIES). 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 THE CHERRIES?

THE CHERRIES is located on RAFFIN LANE in PEWSEY, in the SN9 postcode district. The below map shows the position of THE CHERRIES on RAFFIN LANE.