CHERRY TREE, KEENS LANE, REYDON, SOUTHWOLD, IP18 6NT - £390,000

CHERRY TREE is a small detached house of 82m², built sometime between 1976 and 1982. It was last sold for £390,000 in September 2022, which was around 11% below the average September 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

CHERRY TREE Sold Prices

Land registry data shows two sales for CHERRY TREE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two CHERRY TREE 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 5 SEP	£390,000	£439,401	11% below HPI
1996 26 NOV	£19,360	£77,080	75% below HPI

CHERRY TREE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The two CHERRY TREE sales from November 1996 and September 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 November 1996 sale was for 75% below the HPI. So the extrapolation line tracks at 75% below the HPI over time, until the September 2022 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is CHERRY TREE?

CHERRY TREE is 82m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 30% of detached houses in Reydon, based on EPC data. The below chart shows the distribution of detached houses by size in Reydon, and where CHERRY TREE lies on this distribution: 24% of detached houses are smaller than CHERRY TREE, and 76% of houses are larger. Note that EPC data is not available for all properties in Reydon.

CHERRY TREE: Plot and Title Map

CHERRY TREE sits on a plot of roughly 0.193 of an acre, or 782m². 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 KEENS LANE in REYDON, in the IP18 postcode district. The below map shows the position of CHERRY TREE on KEENS LANE.