12, CHERRY TREE LANE, EDWALTON, NOTTINGHAM, NG12 4AL - £289,000

12 CHERRY TREE LANE is a very small extended detached house of 92m², built sometime between 1976 and 1982. It was last sold for £289,000 in June 2014, which was around 1% above the average June 2014 detached price in the Rushcliffe local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

12 CHERRY TREE LANE Sold Prices

Land registry data shows three sales for 12 CHERRY TREE LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. Two of the three 12 CHERRY TREE LANE sales were for above the average price, whilst one was 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
2014 23 JUN	£289,000	£286,750	1% above HPI
2007 28 SEP	£240,000	£288,396	17% below HPI
1999 5 AUG	£128,000	£116,370	10% above HPI

12 CHERRY TREE LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The three 12 CHERRY TREE LANE sales between August 1999 and June 2014 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 2007 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2014 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 12 CHERRY TREE LANE?

12 CHERRY TREE LANE is 92m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the smallest 10% of detached houses in Edwalton, based on EPC data. The below chart shows the distribution of detached houses by size in Edwalton, and where 12 CHERRY TREE LANE lies on this distribution: 8% of detached houses are smaller than 12 CHERRY TREE LANE, and 91% of houses are larger. Note that EPC data is not available for all properties in Edwalton.

12 CHERRY TREE LANE: Plot and Title Map

12 CHERRY TREE LANE sits on a plot of roughly 0.121 of an acre, or 491m². The below map shows the location of 12 CHERRY TREE LANE, 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 LANE). 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 LANE?

12 CHERRY TREE LANE is located in EDWALTON, in the NG12 postcode district. The below map shows the position of No. 12 on CHERRY TREE LANE.