5, CHERRY TREE ROAD, AXMINSTER, EX13 5GG - £170,000

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.

5 CHERRY TREE ROAD is a terraced house, which could now be worth an estimated £247,875. It was last sold for £170,000 in March 2008, which was around 9% below the average March 2008 terraced price in the East Devon local authority area.

5 CHERRY TREE ROAD Sold Prices

Land registry data shows two sales for 5 CHERRY TREE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the East Devon local authority area for the corresponding sale date. One of the two 5 CHERRY TREE ROAD sales was for below the average price, whilst the other was 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
2008 17 MAR	£170,000	£187,114	9% below HPI
2004 27 MAY	£154,000	£145,600	6% above HPI

What might 5 CHERRY TREE ROAD be worth now?

5 CHERRY TREE ROAD might now be worth an estimated £247,875.

This is based on house price inflation of 45.8%, between March 2008 and May 2026, for terraced houses, in the East Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 45.8% inflationary increase is applied to the most recent sale price for 5 CHERRY TREE ROAD of £170,000 on 17th March 2008. For the value to have increased from £170,000 to £247,875 over the seventeen years and ten months to May 2026, the following assumptions must hold true:

• The value of 5 CHERRY TREE ROAD has moved in line with the HPI for terraced houses in the East Devon local authority area.
• The March 2008 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CHERRY TREE ROAD has not materially changed since March 2008.

Where is 5 CHERRY TREE ROAD?

5 CHERRY TREE ROAD is located in AXMINSTER, in the EX13 postcode district.