2, ORCHARD CLOSE, GUNTHORPE, NOTTINGHAM, NG14 7FE - £375,000

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

2 ORCHARD CLOSE is a midsized detached house of 140m², built sometime between 1983 and 1990. It was last sold for £375,000 in October 2017, which was around 41% above the average October 2017 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was October 2016, where the current energy rating was C, and the potential energy rating was B.

2 ORCHARD CLOSE Sold Prices

Land registry data shows three sales for 2 ORCHARD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the three 2 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
2017 23 OCT	£375,000	£265,422	41% above HPI
2009 10 NOV	£285,000	£204,033	40% above HPI
2001 19 DEC	£220,000	£112,999	95% above HPI

2 ORCHARD CLOSE 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 three 2 ORCHARD CLOSE sales between December 2001 and October 2017 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 2009 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the October 2017 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

How Large is 2 ORCHARD CLOSE?

2 ORCHARD CLOSE is 140m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 50% of detached houses in Gunthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Gunthorpe, and where 2 ORCHARD CLOSE lies on this distribution: 48% of detached houses are smaller than 2 ORCHARD CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Gunthorpe.

2 ORCHARD CLOSE: Plot and Title Map

2 ORCHARD CLOSE sits on a plot of roughly 0.137 of an acre, or 553m². The below map shows the location of 2 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 2 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.

Where is 2 ORCHARD CLOSE?

2 ORCHARD CLOSE is located in GUNTHORPE, in the NG14 postcode district. The below map shows the position of No. 2 on ORCHARD CLOSE.