CHERRY TREE HOUSE, GREENFIELD CLOSE, LLANTWIT MAJOR, CF61 1AJ - £450,000

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 HOUSE is a very large detached house of 148m², built in 2022, which could now be worth an estimated £462,557. It was last sold for £450,000 in August 2022, which was around 10% below the average August 2022 detached price in the Vale of Glamorgan local authority area. The most recent EPC inspection was July 2022, where the current energy rating was B, and the potential energy rating was A.

CHERRY TREE HOUSE Sold Prices

Land registry data shows two sales for CHERRY TREE HOUSE 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 Glamorgan local authority area for the corresponding sale date. Both of the two CHERRY TREE HOUSE 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
2022 31 AUG	£450,000	£499,650	10% below HPI
2020 26 MAR	£340,000	£413,472	18% below HPI

CHERRY TREE HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Vale of Glamorgan local authority area over time, sourced from the HPI. The two CHERRY TREE HOUSE sales from March 2020 and August 2022 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 2020 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2022 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might CHERRY TREE HOUSE be worth now?

CHERRY TREE HOUSE might now be worth an estimated £462,557.

This is based on house price inflation of 2.8%, between August 2022 and August 2025, for detached houses, in the Vale of Glamorgan local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.8% inflationary increase is applied to the most recent sale price for CHERRY TREE HOUSE of £450,000 on 31st August 2022. For the value to have increased from £450,000 to £462,557 over the three years to August 2025, the following assumptions must hold true:

• The value of CHERRY TREE HOUSE has moved in line with the HPI for detached houses in the Vale of Glamorgan local authority area.
• The August 2022 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of CHERRY TREE HOUSE has not materially changed since August 2022.

How Large is CHERRY TREE HOUSE?

CHERRY TREE HOUSE is 148m² according to the EPC inspection conducted in July 2022. This puts it in the largest 20% of detached houses houses in Llantwit Major, based on EPC data. The below chart shows the distribution of detached houses houses by size in Llantwit Major, and where CHERRY TREE HOUSE lies on this distribution: 81% of detached houses houses are smaller than CHERRY TREE HOUSE, and 17% of houses are larger. Note that EPC data is not available for all properties in Llantwit Major.

CHERRY TREE HOUSE: Plot and Title Map

CHERRY TREE HOUSE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of CHERRY TREE HOUSE, 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 HOUSE). 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 HOUSE?

CHERRY TREE HOUSE is located on GREENFIELD CLOSE in LLANTWIT MAJOR, in the CF61 postcode district. The below map shows the position of CHERRY TREE HOUSE on GREENFIELD CLOSE.