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
2 ORCHARD AVENUE is a large extended detached house of 123m². It was last sold for £262,500 in January 2011, which was around 12% below the average January 2011 detached price in the Braintree local authority area. The most recent EPC inspection was October 2009, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows four sales for 2 ORCHARD AVENUE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. All of the four 2 ORCHARD AVENUE 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 |
---|---|---|---|
2011 7 JAN | £262,500 | £298,145 | 12% below HPI |
2005 23 MAY | £189,000 | £274,006 | 31% below HPI |
1997 12 SEP | £60,000 | £102,701 | 42% below HPI |
1995 21 MAR | £59,950 | £91,724 | 35% below HPI |
The below graph shows the average detached house price in the Braintree local authority area over time, sourced from the HPI. The four 2 ORCHARD AVENUE sales between March 1995 and January 2011 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 May 2005 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the January 2011 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.
2 ORCHARD AVENUE is 123m², which includes one extension, according to the EPC inspection conducted in October 2009. This puts it in the largest 40% of detached houses in Halstead, based on EPC data. The below chart shows the distribution of detached houses by size in Halstead, and where 2 ORCHARD AVENUE lies on this distribution: 64% of detached houses are smaller than 2 ORCHARD AVENUE, and 36% of houses are larger. Note that EPC data is not available for all properties in Halstead.
2 ORCHARD AVENUE sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 2 ORCHARD AVENUE, 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 2 ORCHARD AVENUE). 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.
2 ORCHARD AVENUE is located in HALSTEAD, in the CO9 postcode district. The below map shows the position of No. 2 on ORCHARD AVENUE.