54A, CHERRY TREE ROAD, CHINNOR, OX39 4QZ - £315,000

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.

54A CHERRY TREE ROAD is a very small terraced house of 55m², built sometime between 2003 and 2006, which could now be worth an estimated £386,952. It was last sold for £315,000 in January 2018, which was around 5% above the average January 2018 terraced price in the South Oxfordshire local authority area. The most recent EPC inspection was May 2010, where the current energy rating was B, and the potential energy rating was B.

54A CHERRY TREE ROAD Sold Prices

Land registry data shows three sales for 54A 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 South Oxfordshire local authority area for the corresponding sale date. One of the three 54A CHERRY TREE ROAD sales was for above the average price, whilst two 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 5 JAN	£315,000	£300,705	5% above HPI
2014 7 MAR	£225,000	£235,745	5% below HPI
2006 12 MAY	£192,600	£195,628	2% below HPI

54A CHERRY TREE ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the South Oxfordshire local authority area over time, sourced from the HPI. The three 54A CHERRY TREE ROAD sales between May 2006 and January 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 March 2014 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the January 2018 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 54A CHERRY TREE ROAD be worth now?

54A CHERRY TREE ROAD might now be worth an estimated £386,952.

This is based on house price inflation of 22.8%, between January 2018 and May 2026, for terraced houses, in the South Oxfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.8% inflationary increase is applied to the most recent sale price for 54A CHERRY TREE ROAD of £315,000 on 5th January 2018. For the value to have increased from £315,000 to £386,952 over the seven years and eight months to May 2026, the following assumptions must hold true:

• The value of 54A CHERRY TREE ROAD has moved in line with the HPI for terraced houses in the South Oxfordshire local authority area.
• The January 2018 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 54A CHERRY TREE ROAD has not materially changed since January 2018.

How Large is 54A CHERRY TREE ROAD?

54A CHERRY TREE ROAD is 55m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 10% of terraced houses houses in Chinnor, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Chinnor, and where 54A CHERRY TREE ROAD lies on this distribution: 1% of terraced houses houses are smaller than 54A CHERRY TREE ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Chinnor.

54A CHERRY TREE ROAD: Plot and Title Map

54A CHERRY TREE ROAD sits on a plot of roughly 0.034 of an acre, or 136m². The below map shows the location of 54A 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 54A 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 54A CHERRY TREE ROAD?

54A CHERRY TREE ROAD is located in CHINNOR, in the OX39 postcode district. The below map shows the position of No. 54A on CHERRY TREE ROAD.