61, CHERRY TREE CLOSE, BEDWAS, CAERPHILLY, CF83 8HB - £165,000

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.

61 CHERRY TREE CLOSE is a very small semi-detached house of 79m², built sometime between 1983 and 1990, which could now be worth an estimated £241,672. It was last sold for £165,000 in November 2018, which was around 23% above the average November 2018 semi-detached price in the Caerphilly local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was B.

61 CHERRY TREE CLOSE Sold Prices

Land registry data shows five sales for 61 CHERRY TREE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Caerphilly local authority area for the corresponding sale date. All of the five 61 CHERRY TREE CLOSE sales were for above 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 28 NOV	£165,000	£134,670	23% above HPI
2018 31 MAY	£160,000	£124,951	28% above HPI
2007 14 SEP	£180,000	£117,574	53% above HPI
2004 16 APR	£135,000	£82,327	64% above HPI
1998 18 DEC	£53,000	£41,314	28% above HPI

61 CHERRY TREE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Caerphilly local authority area over time, sourced from the HPI. The five 61 CHERRY TREE CLOSE sales between December 1998 and November 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 May 2018 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the November 2018 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 61 CHERRY TREE CLOSE be worth now?

61 CHERRY TREE CLOSE might now be worth an estimated £241,672.

This is based on house price inflation of 46.5%, between November 2018 and February 2025, for semi-detached houses, in the Caerphilly local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 46.5% inflationary increase is applied to the most recent sale price for 61 CHERRY TREE CLOSE of £165,000 on 28th November 2018. For the value to have increased from £165,000 to £241,672 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 61 CHERRY TREE CLOSE has moved in line with the HPI for semi-detached houses in the Caerphilly local authority area.
• The November 2018 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 61 CHERRY TREE CLOSE has not materially changed since November 2018.

How Large is 61 CHERRY TREE CLOSE?

61 CHERRY TREE CLOSE is 79m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 10% of semi-detached houses houses in Bedwas, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bedwas, and where 61 CHERRY TREE CLOSE lies on this distribution: 9% of semi-detached houses houses are smaller than 61 CHERRY TREE CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Bedwas.

61 CHERRY TREE CLOSE: Plot and Title Map

61 CHERRY TREE CLOSE sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 61 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 61 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 61 CHERRY TREE CLOSE?

61 CHERRY TREE CLOSE is located in BEDWAS, in the CF83 postcode district. The below map shows the position of No. 61 on CHERRY TREE CLOSE.