2, ORCHARD CLOSE, TOLLERTON, NOTTINGHAM, NG12 4EW - £387,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 ORCHARD CLOSE is a very small detached house of 92m², built sometime between 1967 and 1975, which could now be worth an estimated £495,205. It was last sold for £387,500 in June 2020, which was around 1% below the average June 2020 detached price in the Rushcliffe local authority area. The most recent EPC inspection was September 2018, where the current energy rating was F, and the potential energy rating was C.

2 ORCHARD CLOSE Sold Prices

Land registry data shows two sales for 2 ORCHARD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. Both of the two 2 ORCHARD CLOSE 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
2020 22 JUN	£387,500	£391,440	1% below HPI
2019 7 AUG	£215,000	£382,319	44% below HPI

2 ORCHARD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The two 2 ORCHARD CLOSE sales from August 2019 and June 2020 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 August 2019 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the June 2020 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 2 ORCHARD CLOSE be worth now?

2 ORCHARD CLOSE might now be worth an estimated £495,205.

This is based on house price inflation of 27.8%, between June 2020 and February 2025, for detached houses, in the Rushcliffe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 27.8% inflationary increase is applied to the most recent sale price for 2 ORCHARD CLOSE of £387,500 on 22nd June 2020. For the value to have increased from £387,500 to £495,205 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of 2 ORCHARD CLOSE has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The June 2020 sale price of £387,500 represented a fair market value for the property.
• The size, condition, and specification of 2 ORCHARD CLOSE has not materially changed since June 2020.

How Large is 2 ORCHARD CLOSE?

2 ORCHARD CLOSE is 92m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 20% of detached houses houses in Tollerton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tollerton, and where 2 ORCHARD CLOSE lies on this distribution: 15% of detached houses houses are smaller than 2 ORCHARD CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Tollerton.

2 ORCHARD CLOSE: Plot and Title Map

2 ORCHARD CLOSE sits on a plot of roughly 0.122 of an acre, or 492m². 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 TOLLERTON, in the NG12 postcode district. The below map shows the position of No. 2 on ORCHARD CLOSE.