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
14 ORCHARD CLOSE is a midsized extended detached house of 95m², built sometime between 1983 and 1990. It was last sold for £385,000 in August 2023, which was around 22% above the average August 2023 detached price in the Erewash local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 14 ORCHARD CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. Most of the four 14 ORCHARD CLOSE 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 |
---|---|---|---|
2023 23 AUG | £385,000 | £316,616 | 22% above HPI |
2020 16 NOV | £270,000 | £257,207 | 5% above HPI |
2009 11 SEP | £170,000 | £166,154 | 2% above HPI |
2001 16 NOV | £92,000 | £94,320 | 2% below HPI |
The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The four 14 ORCHARD CLOSE sales between November 2001 and August 2023 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 2020 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the August 2023 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.
14 ORCHARD CLOSE is 95m², which includes two extensions, according to the EPC inspection conducted in March 2023. This puts it in the smallest 50% of detached houses in Ockbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Ockbrook, and where 14 ORCHARD CLOSE lies on this distribution: 43% of detached houses are smaller than 14 ORCHARD CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Ockbrook.
14 ORCHARD CLOSE sits on a plot of roughly 0.110 of an acre, or 445m². The below map shows the location of 14 ORCHARD CLOSE, 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 14 ORCHARD CLOSE). 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.
14 ORCHARD CLOSE is located in OCKBROOK, in the DE72 postcode district. The below map shows the position of No. 14 on ORCHARD CLOSE.