1, ORCHARD RISE, HEANOR, DE75 7US - £275,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 ORCHARD RISE is a large detached house of 109m², built sometime between 1991 and 1995. It was last sold for £275,000 in June 2022, which was around 9% below the average June 2022 detached price in the Amber Valley local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

1 ORCHARD RISE Sold Prices

Land registry data shows four sales for 1 ORCHARD RISE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. All of the four 1 ORCHARD RISE sales were for below 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
2022 13 JUN	£275,000	£303,689	9% below HPI
2005 16 JUN	£179,950	£188,526	5% below HPI
2004 6 FEB	£142,000	£157,775	10% below HPI
1995 24 NOV	£59,950	£60,702	1% below HPI

1 ORCHARD RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Amber Valley local authority area over time, sourced from the HPI. The four 1 ORCHARD RISE sales between November 1995 and June 2022 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 June 2005 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the June 2022 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 1 ORCHARD RISE?

1 ORCHARD RISE is 109m² according to the EPC inspection conducted in March 2013. This puts it in the largest 40% of detached houses in Heanor, based on EPC data. The below chart shows the distribution of detached houses by size in Heanor, and where 1 ORCHARD RISE lies on this distribution: 61% of detached houses are smaller than 1 ORCHARD RISE, and 38% of houses are larger. Note that EPC data is not available for all properties in Heanor.

1 ORCHARD RISE: Plot and Title Map

1 ORCHARD RISE sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 1 ORCHARD RISE, 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 1 ORCHARD RISE). 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 1 ORCHARD RISE?

1 ORCHARD RISE is located in HEANOR, in the DE75 postcode district. The below map shows the position of No. 1 on ORCHARD RISE.