5, CHERRY TREE CLOSE, BROMYARD, HR7 4UY - £175,000

5 CHERRY TREE CLOSE is a very small detached house of 62m², built sometime between 1983 and 1990. It was last sold for £175,000 in August 2014, which was around 39% below the average August 2014 detached price in the Herefordshire local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

5 CHERRY TREE CLOSE Sold Prices

Land registry data shows two sales for 5 CHERRY TREE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. Both of the two 5 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
2014 7 AUG	£175,000	£287,208	39% below HPI
1995 20 OCT	£70,000	£87,853	20% below HPI

5 CHERRY TREE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Herefordshire local authority area over time, sourced from the HPI. The two 5 CHERRY TREE CLOSE sales from October 1995 and August 2014 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 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2014 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 5 CHERRY TREE CLOSE?

5 CHERRY TREE CLOSE is 62m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 10% of detached houses in Bromyard, based on EPC data. The below chart shows the distribution of detached houses by size in Bromyard, and where 5 CHERRY TREE CLOSE lies on this distribution: 6% of detached houses are smaller than 5 CHERRY TREE CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Bromyard.

5 CHERRY TREE CLOSE: Plot and Title Map

5 CHERRY TREE CLOSE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 5 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 5 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 5 CHERRY TREE CLOSE?

5 CHERRY TREE CLOSE is located in BROMYARD, in the HR7 postcode district. The below map shows the position of No. 5 on CHERRY TREE CLOSE.