1, THE ORCHARDS, LOWDHAM, NOTTINGHAM, NG14 7DP - £260,000

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.

1 THE ORCHARDS is a very small detached house of 96m², built sometime between 1976 and 1982, which could now be worth an estimated £324,172. It was last sold for £260,000 in July 2020, which was around 8% below the average July 2020 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was C.

1 THE ORCHARDS Sold Prices

Land registry data shows five sales for 1 THE ORCHARDS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the five 1 THE ORCHARDS 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
2020 23 JUL	£260,000	£282,314	8% below HPI
2018 14 MAR	£225,000	£275,473	18% below HPI
2007 23 JAN	£155,000	£220,964	30% below HPI
1999 17 DEC	£83,500	£93,369	11% below HPI
1996 15 JUL	£71,500	£78,737	9% below HPI

1 THE ORCHARDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The five 1 THE ORCHARDS sales between July 1996 and July 2020 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 March 2018 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the July 2020 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 1 THE ORCHARDS be worth now?

1 THE ORCHARDS might now be worth an estimated £324,172.

This is based on house price inflation of 24.7%, between July 2020 and February 2025, 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 24.7% inflationary increase is applied to the most recent sale price for 1 THE ORCHARDS of £260,000 on 23rd July 2020. For the value to have increased from £260,000 to £324,172 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 1 THE ORCHARDS has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The July 2020 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 1 THE ORCHARDS has not materially changed since July 2020.

How Large is 1 THE ORCHARDS?

1 THE ORCHARDS is 96m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 20% of detached houses houses in Lowdham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lowdham, and where 1 THE ORCHARDS lies on this distribution: 19% of detached houses houses are smaller than 1 THE ORCHARDS, and 80% of houses are larger. Note that EPC data is not available for all properties in Lowdham.

1 THE ORCHARDS: Plot and Title Map

1 THE ORCHARDS sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 1 THE ORCHARDS, 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 ORCHARDS). 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 ORCHARDS?

1 THE ORCHARDS is located in LOWDHAM, in the NG14 postcode district. The below map shows the position of No. 1 on THE ORCHARDS.