CHERRY TREES, SWANNELLS WOOD, STUDHAM, DUNSTABLE, LU6 2QB - £620,000

CHERRY TREES is a midsized detached house of 147m², built sometime between 1950 and 1966. It was last sold for £620,000 in September 2020, which was around 21% above the average September 2020 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was C.

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 Central Bedfordshire 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
2020 24 SEP	£620,000	£510,526	21% above HPI
2016 15 SEP	£580,000	£464,303	25% above HPI
2003 27 FEB	£390,000	£260,156	50% above HPI
1999 19 MAR	£200,000	£135,298	48% above HPI

CHERRY TREES Price Paid vs. HPI Average

The below graph shows the average detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The four CHERRY TREES sales between March 1999 and September 2020 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 September 2016 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the September 2020 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is CHERRY TREES?

CHERRY TREES is 147m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 50% of detached houses in Studham, based on EPC data. The below chart shows the distribution of detached houses by size in Studham, and where CHERRY TREES lies on this distribution: 45% of detached houses are smaller than CHERRY TREES, and 55% of houses are larger. Note that EPC data is not available for all properties in Studham.

CHERRY TREES: Plot and Title Map

CHERRY TREES sits on a plot of roughly 0.165 of an acre, or 666m². 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 SWANNELLS WOOD in STUDHAM, in the LU6 postcode district. The below map shows the position of CHERRY TREES on SWANNELLS WOOD.