12, CHERRY TREE CLOSE, BROMYARD, HR7 4UY - £122,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 CHERRY TREE CLOSE is a very small semi-detached house of 44m², built sometime between 1991 and 1995, which could now be worth an estimated £160,750. It was last sold for £122,500 in December 2018, which was around 42% below the average December 2018 semi-detached price in the Herefordshire local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was B.

12 CHERRY TREE CLOSE Sold Prices

Land registry data shows three sales for 12 CHERRY TREE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Herefordshire local authority area for the corresponding sale date. All of the three 12 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 7 DEC	£122,500	£212,511	42% below HPI
1996 17 MAY	£39,500	£52,980	25% below HPI
1995 13 OCT	£44,250	£53,456	17% below HPI

12 CHERRY TREE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Herefordshire local authority area over time, sourced from the HPI. The three 12 CHERRY TREE CLOSE sales between October 1995 and December 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 May 1996 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the December 2018 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 12 CHERRY TREE CLOSE be worth now?

12 CHERRY TREE CLOSE might now be worth an estimated £160,750.

This is based on house price inflation of 31.2%, between December 2018 and April 2026, for semi-detached houses, in the Herefordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 31.2% inflationary increase is applied to the most recent sale price for 12 CHERRY TREE CLOSE of £122,500 on 7th December 2018. For the value to have increased from £122,500 to £160,750 over the eight years and eight months to April 2026, the following assumptions must hold true:

• The value of 12 CHERRY TREE CLOSE has moved in line with the HPI for semi-detached houses in the Herefordshire local authority area.
• The December 2018 sale price of £122,500 represented a fair market value for the property.
• The size, condition, and specification of 12 CHERRY TREE CLOSE has not materially changed since December 2018.

How Large is 12 CHERRY TREE CLOSE?

12 CHERRY TREE CLOSE is 44m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 10% of semi-detached houses houses in Bromyard, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bromyard, and where 12 CHERRY TREE CLOSE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 12 CHERRY TREE CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Bromyard.

12 CHERRY TREE CLOSE: Plot and Title Map

12 CHERRY TREE CLOSE sits on a plot of roughly 0.042 of an acre, or 169m². The below map shows the location of 12 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 12 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 12 CHERRY TREE CLOSE?

12 CHERRY TREE CLOSE is located in BROMYARD, in the HR7 postcode district. The below map shows the position of No. 12 on CHERRY TREE CLOSE.