ORCHARD LEA, SAUNDERS LANE, HUTTON, PRESTON, PR4 5SA - £475,000

ORCHARD LEA is a very small detached house of 86m², built sometime between 1930 and 1949. It was last sold for £475,000 in April 2021, which was around 78% above the average April 2021 detached price in the South Ribble local authority area. The most recent EPC inspection was October 2019, where the current energy rating was E, and the potential energy rating was D.

ORCHARD LEA Sold Prices

Land registry data shows two sales for ORCHARD LEA since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Ribble local authority area for the corresponding sale date. Both of the two ORCHARD LEA 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
2021 23 APR	£475,000	£266,833	78% above HPI
2020 24 JAN	£312,000	£251,264	24% above HPI

ORCHARD LEA Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Ribble local authority area over time, sourced from the HPI. The two ORCHARD LEA sales from January 2020 and April 2021 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 January 2020 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the April 2021 sale, where it rises to 78% above the HPI. The line then continues to track at 78% above the HPI.

How Large is ORCHARD LEA?

ORCHARD LEA is 86m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 20% of detached houses in Hutton, based on EPC data. The below chart shows the distribution of detached houses by size in Hutton, and where ORCHARD LEA lies on this distribution: 13% of detached houses are smaller than ORCHARD LEA, and 86% of houses are larger. Note that EPC data is not available for all properties in Hutton.

ORCHARD LEA: Plot and Title Map

ORCHARD LEA sits on a plot of roughly 0.209 of an acre, or 847m². The below map shows the location of ORCHARD LEA, 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 ORCHARD LEA). 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 ORCHARD LEA?

ORCHARD LEA is located on SAUNDERS LANE in HUTTON, in the PR4 postcode district. The below map shows the position of ORCHARD LEA on SAUNDERS LANE.