4, CHERRY TREE ROAD, CREWE, CW1 4DX - £112,000

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.

4 CHERRY TREE ROAD is a small terraced house of 84m², built sometime between 1930 and 1949, which could now be worth an estimated £162,655. It was last sold for £112,000 in May 2018, which was around 27% below the average May 2018 terraced price in the Cheshire East local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

4 CHERRY TREE ROAD Sold Prices

Land registry data shows three sales for 4 CHERRY TREE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Cheshire East local authority area for the corresponding sale date. All of the three 4 CHERRY TREE ROAD 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
2018 15 MAY	£112,000	£153,339	27% below HPI
2007 10 SEP	£87,500	£138,364	37% below HPI
2007 10 APR	£68,000	£132,280	49% below HPI

4 CHERRY TREE ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Cheshire East local authority area over time, sourced from the HPI. The three 4 CHERRY TREE ROAD sales between April 2007 and May 2018 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 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the May 2018 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 4 CHERRY TREE ROAD be worth now?

4 CHERRY TREE ROAD might now be worth an estimated £162,655.

This is based on house price inflation of 45.2%, between May 2018 and May 2026, for terraced houses, in the Cheshire East local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 45.2% inflationary increase is applied to the most recent sale price for 4 CHERRY TREE ROAD of £112,000 on 15th May 2018. For the value to have increased from £112,000 to £162,655 over the eight years to May 2026, the following assumptions must hold true:

• The value of 4 CHERRY TREE ROAD has moved in line with the HPI for terraced houses in the Cheshire East local authority area.
• The May 2018 sale price of £112,000 represented a fair market value for the property.
• The size, condition, and specification of 4 CHERRY TREE ROAD has not materially changed since May 2018.

How Large is 4 CHERRY TREE ROAD?

4 CHERRY TREE ROAD is 84m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 30% of terraced houses houses in Crewe, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Crewe, and where 4 CHERRY TREE ROAD lies on this distribution: 22% of terraced houses houses are smaller than 4 CHERRY TREE ROAD, and 77% of houses are larger. Note that EPC data is not available for all properties in Crewe.

4 CHERRY TREE ROAD: Plot and Title Map

4 CHERRY TREE ROAD sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 4 CHERRY TREE ROAD, 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 4 CHERRY TREE ROAD). 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 4 CHERRY TREE ROAD?

4 CHERRY TREE ROAD is located in CREWE, in the CW1 postcode district. The below map shows the position of No. 4 on CHERRY TREE ROAD.