9, CHERRY TREE DRIVE, SOUTH OCKENDON, RM15 6TP - £226,000

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 DRIVE is a very small terraced house of 80m², built sometime between 1996 and 2002, which could now be worth an estimated £447,527. It was last sold for £226,000 in March 2012, which was around 40% above the average March 2012 terraced price in the Thurrock local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

9 CHERRY TREE DRIVE Sold Prices

Land registry data shows three sales for 9 CHERRY TREE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Thurrock local authority area for the corresponding sale date. All of the three 9 CHERRY TREE DRIVE 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
2012 16 MAR	£226,000	£161,130	40% above HPI
2009 25 SEP	£210,000	£149,327	41% above HPI
1997 26 SEP	£81,995	£50,292	63% above HPI

9 CHERRY TREE DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Thurrock local authority area over time, sourced from the HPI. The three 9 CHERRY TREE DRIVE sales between September 1997 and March 2012 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 September 2009 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the March 2012 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might 9 CHERRY TREE DRIVE be worth now?

9 CHERRY TREE DRIVE might now be worth an estimated £447,527.

This is based on house price inflation of 98%, between March 2012 and June 2025, for terraced houses, in the Thurrock local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 98% inflationary increase is applied to the most recent sale price for 9 CHERRY TREE DRIVE of £226,000 on 16th March 2012. For the value to have increased from £226,000 to £447,527 over the twelve years and nine months to June 2025, the following assumptions must hold true:

• The value of 9 CHERRY TREE DRIVE has moved in line with the HPI for terraced houses in the Thurrock local authority area.
• The March 2012 sale price of £226,000 represented a fair market value for the property.
• The size, condition, and specification of 9 CHERRY TREE DRIVE has not materially changed since March 2012.

How Large is 9 CHERRY TREE DRIVE?

9 CHERRY TREE DRIVE is 80m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 10% of terraced houses houses in South Ockendon, based on EPC data. The below chart shows the distribution of terraced houses houses by size in South Ockendon, and where 9 CHERRY TREE DRIVE lies on this distribution: 8% of terraced houses houses are smaller than 9 CHERRY TREE DRIVE, and 92% of houses are larger. Note that EPC data is not available for all properties in South Ockendon.

9 CHERRY TREE DRIVE: Plot and Title Map

9 CHERRY TREE DRIVE sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 9 CHERRY TREE DRIVE, 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 DRIVE). 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 DRIVE?

9 CHERRY TREE DRIVE is located in SOUTH OCKENDON, in the RM15 postcode district. The below map shows the position of No. 9 on CHERRY TREE DRIVE.