16, CHERRY TREE CLOSE, STONE, ST15 0AZ - £230,000

16 CHERRY TREE CLOSE is a very small detached house of 57m², built sometime between 1967 and 1975. It was last sold for £230,000 in July 2022, which was around 37% below the average July 2022 detached price in the Stafford local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

16 CHERRY TREE CLOSE Sold Prices

Land registry data shows six sales for 16 CHERRY TREE CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Stafford local authority area for the corresponding sale date. All of the six 16 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
2022 22 JUL	£230,000	£362,384	37% below HPI
2015 24 AUG	£165,950	£258,825	36% below HPI
2014 25 MAR	£164,000	£240,386	32% below HPI
2000 26 SEP	£74,750	£116,840	36% below HPI
1996 19 JUN	£39,500	£77,155	49% below HPI
1996 26 JAN	£40,000	£75,093	47% below HPI

16 CHERRY TREE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stafford local authority area over time, sourced from the HPI. The six 16 CHERRY TREE CLOSE sales between January 1996 and July 2022 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 2015 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the July 2022 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 16 CHERRY TREE CLOSE?

16 CHERRY TREE CLOSE is 57m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 10% of detached houses in Stone, based on EPC data. The below chart shows the distribution of detached houses by size in Stone, and where 16 CHERRY TREE CLOSE lies on this distribution: 2% of detached houses are smaller than 16 CHERRY TREE CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Stone.

16 CHERRY TREE CLOSE: Plot and Title Map

16 CHERRY TREE CLOSE sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 16 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 16 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 16 CHERRY TREE CLOSE?

16 CHERRY TREE CLOSE is located in STONE, in the ST15 postcode district. The below map shows the position of No. 16 on CHERRY TREE CLOSE.