3, CHERRY TREE COTTAGE, MEAL STREET, NEW MILLS, HIGH PEAK, SK22 4AH - £225,000

3 CHERRY TREE COTTAGE is a small extended detached house of 97m², built sometime before 1900. It was last sold for £225,000 in November 2017, which was around 28% below the average November 2017 detached price in the High Peak local authority area. The most recent EPC inspection was September 2015, where the current energy rating was E, and the potential energy rating was B.

3 CHERRY TREE COTTAGE Sold Prices

Land registry data shows three sales for 3 CHERRY TREE COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the High Peak local authority area for the corresponding sale date. All of the three 3 CHERRY TREE COTTAGE 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
2017 3 NOV	£225,000	£312,675	28% below HPI
2007 30 MAR	£200,000	£271,425	26% below HPI
1998 27 MAR	£80,000	£100,734	21% below HPI

3 CHERRY TREE COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the High Peak local authority area over time, sourced from the HPI. The three 3 CHERRY TREE COTTAGE sales between March 1998 and November 2017 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 March 2007 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the November 2017 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 3 CHERRY TREE COTTAGE?

3 CHERRY TREE COTTAGE is 97m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the smallest 30% of detached houses in New Mills, based on EPC data. The below chart shows the distribution of detached houses by size in New Mills, and where 3 CHERRY TREE COTTAGE lies on this distribution: 29% of detached houses are smaller than 3 CHERRY TREE COTTAGE, and 69% of houses are larger. Note that EPC data is not available for all properties in New Mills.

3 CHERRY TREE COTTAGE: Plot and Title Map

3 CHERRY TREE COTTAGE sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 3 CHERRY TREE COTTAGE, 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 COTTAGE). 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 COTTAGE?

3 CHERRY TREE COTTAGE is located on MEAL STREET in NEW MILLS, in the SK22 postcode district. The below map shows the position of 3 CHERRY TREE COTTAGE on MEAL STREET.