1, CHERRY TREE CLOSE, NORTH LOPHAM, DISS, IP22 2NG - £257,000

1 CHERRY TREE CLOSE is a very small extended detached house of 97m², built sometime between 1967 and 1975. It was last sold for £257,000 in November 2018, which was around 15% below the average November 2018 detached price in the Breckland local authority area. The most recent EPC inspection was July 2015, where the current energy rating was E, and the potential energy rating was A.

1 CHERRY TREE CLOSE Sold Prices

Land registry data shows five sales for 1 CHERRY TREE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the five 1 CHERRY TREE CLOSE 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
2018 16 NOV	£257,000	£301,278	15% below HPI
2015 7 SEP	£210,000	£252,395	17% below HPI
2010 19 FEB	£192,500	£207,396	7% below HPI
2003 11 DEC	£175,000	£176,634	1% below HPI
1999 14 MAY	£62,000	£80,241	23% below HPI

1 CHERRY TREE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Breckland local authority area over time, sourced from the HPI. The five 1 CHERRY TREE CLOSE sales between May 1999 and November 2018 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 2015 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the November 2018 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 1 CHERRY TREE CLOSE?

1 CHERRY TREE CLOSE is 97m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the smallest 20% of detached houses in North Lopham, based on EPC data. The below chart shows the distribution of detached houses by size in North Lopham, and where 1 CHERRY TREE CLOSE lies on this distribution: 18% of detached houses are smaller than 1 CHERRY TREE CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in North Lopham.

1 CHERRY TREE CLOSE: Plot and Title Map

1 CHERRY TREE CLOSE sits on a plot of roughly 0.181 of an acre, or 732m². The below map shows the location of 1 CHERRY TREE CLOSE, 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 1 CHERRY TREE CLOSE). 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 1 CHERRY TREE CLOSE?

1 CHERRY TREE CLOSE is located in NORTH LOPHAM, in the IP22 postcode district. The below map shows the position of No. 1 on CHERRY TREE CLOSE.