9, CHERRY TREE CLOSE, GROVE, WANTAGE, OX12 7NG - £320,000

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.

9 CHERRY TREE CLOSE is a very small detached house of 77m², built sometime between 1967 and 1975, which could now be worth an estimated £378,773. It was last sold for £320,000 in July 2020, which was around 41% below the average July 2020 detached price in the Vale of White Horse local authority area. The most recent EPC inspection was December 2013, where the current energy rating was E, and the potential energy rating was C.

9 CHERRY TREE CLOSE Sold Prices

Land registry data shows two sales for 9 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 9 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
2020 30 JUL	£320,000	£543,147	41% below HPI
2014 28 MAR	£285,000	£435,281	35% below HPI

9 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 9 CHERRY TREE CLOSE sales from March 2014 and July 2020 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 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the July 2020 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 9 CHERRY TREE CLOSE be worth now?

9 CHERRY TREE CLOSE might now be worth an estimated £378,773.

This is based on house price inflation of 18.4%, between July 2020 and June 2025, for detached houses, in the Vale of White Horse local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.4% inflationary increase is applied to the most recent sale price for 9 CHERRY TREE CLOSE of £320,000 on 30th July 2020. For the value to have increased from £320,000 to £378,773 over the five years and one month to June 2025, the following assumptions must hold true:

• The value of 9 CHERRY TREE CLOSE has moved in line with the HPI for detached houses in the Vale of White Horse local authority area.
• The July 2020 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 9 CHERRY TREE CLOSE has not materially changed since July 2020.

How Large is 9 CHERRY TREE CLOSE?

9 CHERRY TREE CLOSE is 77m² according to the EPC inspection conducted in December 2013. This puts it in the smallest 10% of detached houses houses in Grove, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grove, and where 9 CHERRY TREE CLOSE lies on this distribution: 4% of detached houses houses are smaller than 9 CHERRY TREE CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Grove.

9 CHERRY TREE CLOSE: Plot and Title Map

9 CHERRY TREE CLOSE sits on a plot of roughly 0.102 of an acre, or 413m². The below map shows the location of 9 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 9 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 9 CHERRY TREE CLOSE?

9 CHERRY TREE CLOSE is located in GROVE, in the OX12 postcode district. The below map shows the position of No. 9 on CHERRY TREE CLOSE.