12, CHERRY TREE DRIVE, LANDKEY, BARNSTAPLE, EX32 0UE - £315,000

12 CHERRY TREE DRIVE is a midsized extended detached house of 113m², built sometime between 1996 and 2002. It was last sold for £315,000 in October 2020, which was around 18% below the average October 2020 detached price in the North Devon local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was B.

12 CHERRY TREE DRIVE Sold Prices

Land registry data shows four sales for 12 CHERRY TREE DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. All of the four 12 CHERRY TREE DRIVE 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
2020 2 OCT	£315,000	£383,890	18% below HPI
2005 25 AUG	£197,500	£256,693	23% below HPI
1999 12 AUG	£88,500	£99,758	11% below HPI
1998 27 NOV	£86,000	£97,892	12% below HPI

12 CHERRY TREE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Devon local authority area over time, sourced from the HPI. The four 12 CHERRY TREE DRIVE sales between November 1998 and October 2020 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 2005 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the October 2020 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 12 CHERRY TREE DRIVE?

12 CHERRY TREE DRIVE is 113m², which includes one extension, according to the EPC inspection conducted in February 2018. This puts it in the smallest 50% of detached houses in Landkey, based on EPC data. The below chart shows the distribution of detached houses by size in Landkey, and where 12 CHERRY TREE DRIVE lies on this distribution: 47% of detached houses are smaller than 12 CHERRY TREE DRIVE, and 52% of houses are larger. Note that EPC data is not available for all properties in Landkey.

12 CHERRY TREE DRIVE: Plot and Title Map

12 CHERRY TREE DRIVE sits on a plot of roughly 0.062 of an acre, or 253m². The below map shows the location of 12 CHERRY TREE DRIVE, 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 DRIVE). 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 DRIVE?

12 CHERRY TREE DRIVE is located in LANDKEY, in the EX32 postcode district. The below map shows the position of No. 12 on CHERRY TREE DRIVE.