CHERRY TREE, BEECH WAY, BREAM, LYDNEY, GL15 6NB - £225,000

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.

CHERRY TREE is a small extended semi-detached house of 95m², built sometime before 1900, which could now be worth an estimated £290,439. It was last sold for £225,000 in December 2019, which was around 13% above the average December 2019 semi-detached price in the Forest of Dean local authority area. The most recent EPC inspection was November 2015, where the current energy rating was E, and the potential energy rating was A.

CHERRY TREE Sold Prices

Land registry data shows three sales for CHERRY TREE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Forest of Dean local authority area for the corresponding sale date. All of the three CHERRY TREE 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
2019 12 DEC	£225,000	£199,985	13% above HPI
2006 22 MAR	£184,000	£153,385	20% above HPI
2003 20 JUN	£134,950	£110,486	22% above HPI

CHERRY TREE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Forest of Dean local authority area over time, sourced from the HPI. The three CHERRY TREE sales between June 2003 and December 2019 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 2006 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the December 2019 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might CHERRY TREE be worth now?

CHERRY TREE might now be worth an estimated £290,439.

This is based on house price inflation of 29.1%, between December 2019 and April 2026, for semi-detached houses, in the Forest of Dean local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 29.1% inflationary increase is applied to the most recent sale price for CHERRY TREE of £225,000 on 12th December 2019. For the value to have increased from £225,000 to £290,439 over the seven years and eight months to April 2026, the following assumptions must hold true:

• The value of CHERRY TREE has moved in line with the HPI for semi-detached houses in the Forest of Dean local authority area.
• The December 2019 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of CHERRY TREE has not materially changed since December 2019.

How Large is CHERRY TREE?

CHERRY TREE is 95m², which includes two extensions, according to the EPC inspection conducted in November 2015. This puts it in the smallest 40% of semi-detached houses houses in Bream, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bream, and where CHERRY TREE lies on this distribution: 36% of semi-detached houses houses are smaller than CHERRY TREE, and 64% of houses are larger. Note that EPC data is not available for all properties in Bream.

CHERRY TREE: Plot and Title Map

CHERRY TREE sits on a plot of roughly 0.093 of an acre, or 378m². The below map shows the location of CHERRY TREE, 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 TREE). 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 TREE?

CHERRY TREE is located on BEECH WAY in BREAM, in the GL15 postcode district. The below map shows the position of CHERRY TREE on BEECH WAY.