1, THE OLD ORCHARD, HETHERSETT, NORWICH, NR9 3FP - £675,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 THE OLD ORCHARD is a very large extended detached house of 167m², built sometime between 2007 and 2011. It was last sold for £675,000 in February 2024, which was around 65% above the average February 2024 detached price in the South Norfolk local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

1 THE OLD ORCHARD Sold Prices

Land registry data shows two sales for 1 THE OLD ORCHARD 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 Norfolk local authority area for the corresponding sale date. Both of the two 1 THE OLD ORCHARD 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
2024 22 FEB	£675,000	£409,505	65% above HPI
2009 13 NOV	£375,000	£217,565	72% above HPI

1 THE OLD ORCHARD Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The two 1 THE OLD ORCHARD sales from November 2009 and February 2024 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 November 2009 sale was for 72% above the HPI. So the extrapolation line tracks at 72% above the HPI over time, until the February 2024 sale, where it falls to 65% above the HPI. The line then continues to track at 65% above the HPI.

How Large is 1 THE OLD ORCHARD?

1 THE OLD ORCHARD is 167m², which includes one extension, according to the EPC inspection conducted in October 2023. This puts it in the largest 10% of detached houses in Hethersett, based on EPC data. The below chart shows the distribution of detached houses by size in Hethersett, and where 1 THE OLD ORCHARD lies on this distribution: 92% of detached houses are smaller than 1 THE OLD ORCHARD, and 8% of houses are larger. Note that EPC data is not available for all properties in Hethersett.

1 THE OLD ORCHARD: Plot and Title Map

1 THE OLD ORCHARD sits on a plot of roughly 0.142 of an acre, or 573m². The below map shows the location of 1 THE OLD ORCHARD, 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 THE OLD ORCHARD). 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 THE OLD ORCHARD?

1 THE OLD ORCHARD is located in HETHERSETT, in the NR9 postcode district. The below map shows the position of No. 1 on THE OLD ORCHARD.