3, CHERRY TREE CLOSE, WORTHAM, DISS, IP22 1QR - £200,000

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.

3 CHERRY TREE CLOSE is a very small semi-detached house of 72m², built in 2011, which could now be worth an estimated £271,100. It was last sold for £200,000 in November 2015, which was around 2% below the average November 2015 semi-detached price in the Mid Suffolk local authority area. The most recent EPC inspection was June 2012, where the current energy rating was B, and the potential energy rating was B.

3 CHERRY TREE CLOSE Sold Prices

Land registry data shows two sales for 3 CHERRY TREE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Mid Suffolk local authority area for the corresponding sale date. One of the two 3 CHERRY TREE CLOSE sales was for below the average price, whilst the other was for above 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
2015 23 NOV	£200,000	£204,747	2% below HPI
2012 15 JUN	£185,000	£160,839	15% above HPI

3 CHERRY TREE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The two 3 CHERRY TREE CLOSE sales from June 2012 and November 2015 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 June 2012 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the November 2015 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 3 CHERRY TREE CLOSE be worth now?

3 CHERRY TREE CLOSE might now be worth an estimated £271,100.

This is based on house price inflation of 35.6%, between November 2015 and April 2026, for semi-detached houses, in the Mid Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 35.6% inflationary increase is applied to the most recent sale price for 3 CHERRY TREE CLOSE of £200,000 on 23rd November 2015. For the value to have increased from £200,000 to £271,100 over the eleven years and seven months to April 2026, the following assumptions must hold true:

• The value of 3 CHERRY TREE CLOSE has moved in line with the HPI for semi-detached houses in the Mid Suffolk local authority area.
• The November 2015 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CHERRY TREE CLOSE has not materially changed since November 2015.

How Large is 3 CHERRY TREE CLOSE?

3 CHERRY TREE CLOSE is 72m² according to the EPC inspection conducted in June 2012. This puts it in the smallest 10% of semi-detached houses houses in Wortham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wortham, and where 3 CHERRY TREE CLOSE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 3 CHERRY TREE CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Wortham.

3 CHERRY TREE CLOSE: Plot and Title Map

3 CHERRY TREE CLOSE sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 3 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 3 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 3 CHERRY TREE CLOSE?

3 CHERRY TREE CLOSE is located in WORTHAM, in the IP22 postcode district. The below map shows the position of No. 3 on CHERRY TREE CLOSE.