5, CHERRY TREE CLOSE, MATTISHALL, DEREHAM, NR20 3PR - £270,000

5 CHERRY TREE CLOSE is a very small extended detached house of 71m², built sometime between 1976 and 1982. It was last sold for £270,000 in November 2022, which was around 29% below the average November 2022 detached price in the Breckland local authority area. The most recent EPC inspection was May 2023, where the current energy rating was E, and the potential energy rating was B.

5 CHERRY TREE CLOSE Sold Prices

Land registry data shows three sales for 5 CHERRY TREE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the three 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
2022 8 NOV	£270,000	£378,158	29% below HPI
2013 1 OCT	£182,000	£216,845	16% below HPI
2001 16 AUG	£93,000	£119,103	22% below HPI

5 CHERRY TREE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Breckland local authority area over time, sourced from the HPI. The three 5 CHERRY TREE CLOSE sales between August 2001 and November 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 2013 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the November 2022 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 5 CHERRY TREE CLOSE?

5 CHERRY TREE CLOSE is 71m², which includes two extensions, according to the EPC inspection conducted in May 2023. This puts it in the smallest 20% of detached houses in Mattishall, based on EPC data. The below chart shows the distribution of detached houses by size in Mattishall, and where 5 CHERRY TREE CLOSE lies on this distribution: 11% of detached houses are smaller than 5 CHERRY TREE CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Mattishall.

5 CHERRY TREE CLOSE: Plot and Title Map

5 CHERRY TREE CLOSE sits on a plot of roughly 0.123 of an acre, or 498m². 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 MATTISHALL, in the NR20 postcode district. The below map shows the position of No. 5 on CHERRY TREE CLOSE.