Cherry Trees Lake Lane

    CHERRY TREES, LAKE LANE, BARNHAM, BOGNOR REGIS, PO22 0AD

    This semi-detached freehold property on Lake Lane last sold in July 2019 for £275,000. Based on price growth in the PO22 district since then, its estimated current value is £344,523 — placing it in the 58th percentile nationally and the 48th percentile within PO22. The property covers 78 m² (840 sq ft), giving an estimated value of £4,417 per m². The EPC rating is F, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    840 sq ft

    78 m²

    Last Sale Price

    £275,000

    Jul 2019

    Estimated Valuation

    £344,523

    Est. £/sq ft

    £410/sq ft

    £4,417/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms4
    Main fuelelectricity (not community)
    EPC currentF
    EPC potentialC
    Floor area840 sq ft (78 m²)
    EPC dateFeb 2019
    WallsCavity wall, as built, no insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    26 Jul 2019

    £275,000

    Key Metrics

    Estimated valuation£344,523
    Value per sq ft / m²£410/sq ft (£4,417/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO22 district percentile48th percentile
    National percentile58th percentile

    District Context — PO22

    PO22 covers the Isle of Wight, situated off the south coast of England between Southampton and Portsmouth. It is a well-established residential and holiday destination with strong appeal to families and retirees seeking a quieter, seaside way of life.

    Average Property Price - PO22

    £383,943

    64

    National percentile

    Average Net Household Income - PO22

    £38,536

    52

    National percentile

    10-Year Annualised Price Growth - PO22

    3.3%

    39

    National percentile

    10-Year Annualised Rent Growth - PO

    4.1%

    58

    National percentile

    View full analysis for PO22

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