THE CHERRY TREES, BLACKSMITHS LANE, LOWER MOOR, PERSHORE, WR10 2PA - £440,000

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 CHERRY TREES is a very large extended detached house of 196m², built sometime between 1950 and 1966. It was last sold for £440,000 in July 2021, which was around 2% above the average July 2021 detached price in the Wychavon local authority area. The most recent EPC inspection was July 2017, where the current energy rating was E, and the potential energy rating was B.

THE CHERRY TREES Sold Prices

Land registry data shows two sales for THE 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 Wychavon local authority area for the corresponding sale date. Both of the two THE 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
2021 30 JUL	£440,000	£431,534	2% above HPI
1997 18 AUG	£128,500	£115,796	11% above HPI

THE CHERRY TREES Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wychavon local authority area over time, sourced from the HPI. The two THE CHERRY TREES sales from August 1997 and July 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 1997 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the July 2021 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is THE CHERRY TREES?

THE CHERRY TREES is 196m², which includes two extensions, according to the EPC inspection conducted in July 2017. This puts it in the largest 10% of detached houses in Lower Moor, based on EPC data. The below chart shows the distribution of detached houses by size in Lower Moor, and where THE CHERRY TREES lies on this distribution: 93% of detached houses are smaller than THE CHERRY TREES, and 7% of houses are larger. Note that EPC data is not available for all properties in Lower Moor.

THE CHERRY TREES: Plot and Title Map

THE CHERRY TREES sits on a plot of roughly 0.264 of an acre, or 1,068m². The below map shows the location of THE 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 THE 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 THE CHERRY TREES?

THE CHERRY TREES is located on BLACKSMITHS LANE in LOWER MOOR, in the WR10 postcode district. The below map shows the position of THE CHERRY TREES on BLACKSMITHS LANE.