2A, CHERRY TREE AVENUE, BELPER, DE56 1FR - £196,000

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.

2A CHERRY TREE AVENUE is a small detached house of 77m², built sometime between 1950 and 1966, which could now be worth an estimated £283,386. It was last sold for £196,000 in November 2017, which was around 17% below the average November 2017 detached price in the Amber Valley local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

2A CHERRY TREE AVENUE Sold Prices

Land registry data shows one sale for 2A CHERRY TREE AVENUE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 3 NOV	£196,000	£237,446	17% below HPI

What might 2A CHERRY TREE AVENUE be worth now?

2A CHERRY TREE AVENUE might now be worth an estimated £283,386.

This is based on house price inflation of 44.6%, between November 2017 and May 2026, for detached houses, in the Amber Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 44.6% inflationary increase is applied to the most recent sale price for 2A CHERRY TREE AVENUE of £196,000 on 3rd November 2017. For the value to have increased from £196,000 to £283,386 over the nine years and six months to May 2026, the following assumptions must hold true:

• The value of 2A CHERRY TREE AVENUE has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The November 2017 sale price of £196,000 represented a fair market value for the property.
• The size, condition, and specification of 2A CHERRY TREE AVENUE has not materially changed since November 2017.

How Large is 2A CHERRY TREE AVENUE?

2A CHERRY TREE AVENUE is 77m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 30% of detached houses in Belper, based on EPC data. The below chart shows the distribution of detached houses by size in Belper, and where 2A CHERRY TREE AVENUE lies on this distribution: 20% of detached houses are smaller than 2A CHERRY TREE AVENUE, and 79% of detached houses are larger. Note that EPC data is not available for all properties in Belper.

2A CHERRY TREE AVENUE: Plot

2A CHERRY TREE AVENUE sits on a plot of roughly 0.080 of an acre, or 325m².

Where is 2A CHERRY TREE AVENUE?

2A CHERRY TREE AVENUE is located in BELPER, in the DE56 postcode district.