CHERRY TREE COTTAGE, KILN LANE, WELTON, DAVENTRY, NN11 2JN - £245,000

CHERRY TREE COTTAGE is a very small detached house of 76m², built sometime between 1976 and 1982. It was last sold for £245,000 in February 2019, which was around 38% below the average February 2019 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was B.

CHERRY TREE COTTAGE Sold Prices

Land registry data shows three sales for CHERRY TREE COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Northamptonshire local authority area for the corresponding sale date. All of the three CHERRY TREE COTTAGE 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
2019 8 FEB	£245,000	£393,334	38% below HPI
2018 23 FEB	£259,000	£387,216	33% below HPI
2015 22 SEP	£215,000	£331,761	35% below HPI

CHERRY TREE COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Northamptonshire local authority area over time, sourced from the HPI. The three CHERRY TREE COTTAGE sales between September 2015 and February 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 February 2018 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the February 2019 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is CHERRY TREE COTTAGE?

CHERRY TREE COTTAGE is 76m² according to the EPC inspection conducted in August 2023. This puts it in the smallest 20% of detached houses in Welton, based on EPC data. The below chart shows the distribution of detached houses by size in Welton, and where CHERRY TREE COTTAGE lies on this distribution: 10% of detached houses are smaller than CHERRY TREE COTTAGE, and 90% of houses are larger. Note that EPC data is not available for all properties in Welton.

CHERRY TREE COTTAGE: Plot and Title Map

CHERRY TREE COTTAGE sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of CHERRY TREE COTTAGE, 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 COTTAGE). 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 COTTAGE?

CHERRY TREE COTTAGE is located on KILN LANE in WELTON, in the NN11 postcode district. The below map shows the position of CHERRY TREE COTTAGE on KILN LANE.