2, ORCHARD CLOSE, WOLVEY, HINCKLEY, LE10 3LR - £374,124

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 CLOSE is a large extended detached house of 174m², built sometime between 1967 and 1975. It was last sold for £374,124 in November 2018, which was about the average November 2018 detached price in the Rugby local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was C.

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 Rugby local authority area for the corresponding sale date. The three 2 ORCHARD CLOSE sales were a mix of roughly equal to the average price, and 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
2018 21 NOV	£374,124	£375,241	Close to HPI
2008 20 FEB	£310,000	£280,668	10% above HPI
2002 23 MAY	£195,000	£174,954	11% above HPI

2 ORCHARD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rugby local authority area over time, sourced from the HPI. The three 2 ORCHARD CLOSE sales between May 2002 and November 2018 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 February 2008 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the November 2018 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 2 ORCHARD CLOSE?

2 ORCHARD CLOSE is 174m², which includes two extensions, according to the EPC inspection conducted in March 2018. This puts it in the largest 30% of detached houses in Wolvey, based on EPC data. The below chart shows the distribution of detached houses by size in Wolvey, and where 2 ORCHARD CLOSE lies on this distribution: 77% of detached houses are smaller than 2 ORCHARD CLOSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Wolvey.

2 ORCHARD CLOSE: Plot and Title Map

2 ORCHARD CLOSE sits on a plot of roughly 0.103 of an acre, or 419m². 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 WOLVEY, in the LE10 postcode district. The below map shows the position of No. 2 on ORCHARD CLOSE.