28, CHERRY TREE AVENUE, LEABROOKS, ALFRETON, DE55 1LP - £220,000

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.

28 CHERRY TREE AVENUE is a very small extended detached house of 69m², built sometime between 1967 and 1975, which could now be worth an estimated £239,537. It was last sold for £220,000 in October 2022, which was around 30% below the average October 2022 detached price in the Amber Valley local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.

28 CHERRY TREE AVENUE Sold Prices

Land registry data shows two sales for 28 CHERRY TREE AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. Both of the two 28 CHERRY TREE AVENUE 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 20 OCT	£220,000	£315,309	30% below HPI
1995 20 OCT	£55,000	£58,905	7% below HPI

28 CHERRY TREE AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Amber Valley local authority area over time, sourced from the HPI. The two 28 CHERRY TREE AVENUE sales from October 1995 and October 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 October 1995 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the October 2022 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 28 CHERRY TREE AVENUE be worth now?

28 CHERRY TREE AVENUE might now be worth an estimated £239,537.

This is based on house price inflation of 8.9%, between October 2022 and May 2026, for detached houses, in the Amber Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.9% inflationary increase is applied to the most recent sale price for 28 CHERRY TREE AVENUE of £220,000 on 20th October 2022. For the value to have increased from £220,000 to £239,537 over the four years and five months to May 2026, the following assumptions must hold true:

• The value of 28 CHERRY TREE AVENUE has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The October 2022 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 28 CHERRY TREE AVENUE has not materially changed since October 2022.

How Large is 28 CHERRY TREE AVENUE?

28 CHERRY TREE AVENUE is 69m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the smallest 20% of detached houses houses in Leabrooks, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leabrooks, and where 28 CHERRY TREE AVENUE lies on this distribution: 16% of detached houses houses are smaller than 28 CHERRY TREE AVENUE, and 84% of houses are larger. Note that EPC data is not available for all properties in Leabrooks.

28 CHERRY TREE AVENUE: Plot and Title Map

28 CHERRY TREE AVENUE sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 28 CHERRY TREE AVENUE, 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 28 CHERRY TREE AVENUE). 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 28 CHERRY TREE AVENUE?

28 CHERRY TREE AVENUE is located in LEABROOKS, in the DE55 postcode district. The below map shows the position of No. 28 on CHERRY TREE AVENUE.