CHERRY TREES, MILL HILL, ALDRINGHAM, LEISTON, IP16 4PZ - £395,000

CHERRY TREES is a large detached house of 136m², built sometime between 2003 and 2006. It was last sold for £395,000 in August 2017, which was around 17% above the average August 2017 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2013, where the current energy rating was C, and the potential energy rating was B.

CHERRY TREES Sold Prices

Land registry data shows four sales for CHERRY TREES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the four CHERRY TREES 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
2017 1 AUG	£395,000	£338,592	17% above HPI
2011 31 JAN	£362,500	£249,934	45% above HPI
2007 15 OCT	£324,000	£269,163	20% above HPI
2006 17 MAR	£292,500	£222,557	31% above HPI

CHERRY TREES 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 four CHERRY TREES sales between March 2006 and August 2017 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 January 2011 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the August 2017 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is CHERRY TREES?

CHERRY TREES is 136m² according to the EPC inspection conducted in March 2013. This puts it in the largest 40% of detached houses in Aldringham, based on EPC data. The below chart shows the distribution of detached houses by size in Aldringham, and where CHERRY TREES lies on this distribution: 67% of detached houses are smaller than CHERRY TREES, and 31% of houses are larger. Note that EPC data is not available for all properties in Aldringham.

CHERRY TREES: Plot and Title Map

CHERRY TREES sits on a plot of roughly 0.112 of an acre, or 454m². The below map shows the location of CHERRY TREES, 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 TREES). 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 TREES?

CHERRY TREES is located on MILL HILL in ALDRINGHAM, in the IP16 postcode district. The below map shows the position of CHERRY TREES on MILL HILL.