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
11 ORCHARD RISE is a midsized extended detached house of 131m², built sometime between 1967 and 1975. It was last sold for £365,000 in September 2021, which was around 8% below the average September 2021 detached price in the Somerset local authority area. The most recent EPC inspection was March 2014, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 11 ORCHARD RISE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the three 11 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 |
---|---|---|---|
2021 22 SEP | £365,000 | £395,529 | 8% below HPI |
2017 25 JUL | £250,000 | £338,873 | 26% below HPI |
2015 26 MAR | £215,000 | £295,179 | 27% below HPI |
The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The three 11 ORCHARD RISE sales between March 2015 and September 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 July 2017 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the September 2021 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.
11 ORCHARD RISE is 131m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the largest 50% of detached houses in Fivehead, based on EPC data. The below chart shows the distribution of detached houses by size in Fivehead, and where 11 ORCHARD RISE lies on this distribution: 55% of detached houses are smaller than 11 ORCHARD RISE, and 44% of houses are larger. Note that EPC data is not available for all properties in Fivehead.
11 ORCHARD RISE sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 11 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 11 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.
11 ORCHARD RISE is located in FIVEHEAD, in the TA3 postcode district. The below map shows the position of No. 11 on ORCHARD RISE.