CHERRY CROFT, GRETTON, CHELTENHAM, GL54 5EP - £480,000

CHERRY CROFT is a very small extended detached house of 121m², built sometime between 1976 and 1982. It was last sold for £480,000 in March 2021, which was about the average March 2021 detached price in the Tewkesbury local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

CHERRY CROFT Sold Prices

Land registry data shows three sales for CHERRY CROFT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Tewkesbury local authority area for the corresponding sale date. The three CHERRY CROFT sales were a mix of roughly equal to the average price, above the average price, and 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
2021 12 MAR	£480,000	£477,756	Close to HPI
2017 24 NOV	£441,000	£403,585	9% above HPI
2008 8 JAN	£300,000	£326,753	8% below HPI

CHERRY CROFT Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tewkesbury local authority area over time, sourced from the HPI. The three CHERRY CROFT sales between January 2008 and March 2021 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 November 2017 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the March 2021 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is CHERRY CROFT?

CHERRY CROFT is 121m², which includes two extensions, according to the EPC inspection conducted in October 2020. This puts it in the smallest 20% of detached houses in Gretton, based on EPC data. The below chart shows the distribution of detached houses by size in Gretton, and where CHERRY CROFT lies on this distribution: 16% of detached houses are smaller than CHERRY CROFT, and 84% of houses are larger. Note that EPC data is not available for all properties in Gretton.

CHERRY CROFT: Plot and Title Map

CHERRY CROFT sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of CHERRY CROFT, 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 CHERRY CROFT). 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 CHERRY CROFT?

CHERRY CROFT is located in GRETTON, in the GL54 postcode district. The below map shows the position of CHERRY CROFT in GRETTON.