8, CHERRY TREE CLOSE, GROVE, WANTAGE, OX12 7NG - £425,000

8 CHERRY TREE CLOSE is a very small detached house of 78m², built sometime between 1950 and 1966. It was last sold for £425,000 in October 2023, which was around 33% below the average October 2023 detached price in the Vale of White Horse local authority area. The most recent EPC inspection was February 2021, where the current energy rating was D, and the potential energy rating was B.

8 CHERRY TREE CLOSE Sold Prices

Land registry data shows two sales for 8 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 Vale of White Horse local authority area for the corresponding sale date. Both of the two 8 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
2023 10 OCT	£425,000	£636,906	33% below HPI
2021 30 JUN	£300,000	£559,625	46% below HPI

8 CHERRY TREE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Vale of White Horse local authority area over time, sourced from the HPI. The two 8 CHERRY TREE CLOSE sales from June 2021 and October 2023 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 June 2021 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the October 2023 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 8 CHERRY TREE CLOSE?

8 CHERRY TREE CLOSE is 78m² according to the EPC inspection conducted in February 2021. This puts it in the smallest 10% of detached houses in Grove, based on EPC data. The below chart shows the distribution of detached houses by size in Grove, and where 8 CHERRY TREE CLOSE lies on this distribution: 6% of detached houses are smaller than 8 CHERRY TREE CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Grove.

8 CHERRY TREE CLOSE: Plot and Title Map

8 CHERRY TREE CLOSE sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 8 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 8 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 8 CHERRY TREE CLOSE?

8 CHERRY TREE CLOSE is located in GROVE, in the OX12 postcode district. The below map shows the position of No. 8 on CHERRY TREE CLOSE.