CHERRY TREE HOUSE, BACK LANE, EAKRING, NEWARK, NG22 0DJ - £265,000

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.

CHERRY TREE HOUSE is a detached house, which could now be worth an estimated £871,947. It was last sold for £265,000 in July 2001, which was around 146% above the average July 2001 detached price in the Newark and Sherwood local authority area.

CHERRY TREE HOUSE Sold Prices

Land registry data shows two sales for CHERRY TREE HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. Both of the two CHERRY TREE HOUSE 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
2001 25 JUL	£265,000	£107,578	146% above HPI
1999 15 JAN	£215,000	£86,585	148% above HPI

What might CHERRY TREE HOUSE be worth now?

CHERRY TREE HOUSE might now be worth an estimated £871,947.

This is based on house price inflation of 229%, between July 2001 and May 2026, for detached houses, in the Newark and Sherwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 229% inflationary increase is applied to the most recent sale price for CHERRY TREE HOUSE of £265,000 on 25th July 2001. For the value to have increased from £265,000 to £871,947 over the 25 years and two months to May 2026, the following assumptions must hold true:

• The value of CHERRY TREE HOUSE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The July 2001 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of CHERRY TREE HOUSE has not materially changed since July 2001.

Where is CHERRY TREE HOUSE?

CHERRY TREE HOUSE is located on BACK LANE in EAKRING, in the NG22 postcode district.