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
12 THE ORCHARD is a large extended detached house of 166m², built sometime between 1991 and 1995. It was last sold for £639,500 in April 2022, which was around 12% above the average April 2022 detached price in the Wealden local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 12 THE ORCHARD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. All of the four 12 THE 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 |
---|---|---|---|
2022 11 APR | £639,500 | £571,011 | 12% above HPI |
2004 8 JAN | £337,000 | £290,606 | 16% above HPI |
2000 15 SEP | £235,000 | £197,643 | 19% above HPI |
1995 19 MAY | £144,950 | £110,660 | 31% above HPI |
The below graph shows the average detached house price in the Wealden local authority area over time, sourced from the HPI. The four 12 THE ORCHARD sales between May 1995 and April 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 January 2004 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the April 2022 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.
12 THE ORCHARD is 166m², which includes two extensions, according to the EPC inspection conducted in August 2020. This puts it in the largest 30% of detached houses in Nutley, based on EPC data. The below chart shows the distribution of detached houses by size in Nutley, and where 12 THE ORCHARD lies on this distribution: 71% of detached houses are smaller than 12 THE ORCHARD, and 29% of houses are larger. Note that EPC data is not available for all properties in Nutley.
12 THE ORCHARD sits on a plot of roughly 0.115 of an acre, or 465m². The below map shows the location of 12 THE 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 12 THE 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.
12 THE ORCHARD is located in NUTLEY, in the TN22 postcode district. The below map shows the position of No. 12 on THE ORCHARD.