25, ORCHID DRIVE, FARNDON, NEWARK, NG24 3TX - £200,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

25 ORCHID DRIVE is a very small detached house of 73m², built sometime between 1991 and 1995, which could now be worth an estimated £260,663. It was last sold for £200,000 in March 2018, which was around 27% below the average March 2018 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

25 ORCHID DRIVE Sold Prices

Land registry data shows three sales for 25 ORCHID DRIVE 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 25 ORCHID DRIVE 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
2018 19 MAR	£200,000	£275,473	27% below HPI
2016 17 OCT	£187,000	£256,611	27% below HPI
2000 26 OCT	£72,950	£104,651	30% below HPI

25 ORCHID DRIVE 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 25 ORCHID DRIVE sales between October 2000 and March 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 October 2016 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the March 2018 sale, which was also at 27% below the HPI.

What might 25 ORCHID DRIVE be worth now?

25 ORCHID DRIVE might now be worth an estimated £260,663.

This is based on house price inflation of 30.3%, between March 2018 and December 2024, for detached houses, in the Newark and Sherwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30.3% inflationary increase is applied to the most recent sale price for 25 ORCHID DRIVE of £200,000 on 19th March 2018. For the value to have increased from £200,000 to £260,663 over the five years and three months to December 2024, the following assumptions must hold true:

• The value of 25 ORCHID DRIVE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The March 2018 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 25 ORCHID DRIVE has not materially changed since March 2018.

How Large is 25 ORCHID DRIVE?

25 ORCHID DRIVE is 73m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 20% of detached houses houses in Farndon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Farndon, and where 25 ORCHID DRIVE lies on this distribution: 13% of detached houses houses are smaller than 25 ORCHID DRIVE, and 86% of houses are larger. Note that EPC data is not available for all properties in Farndon.

25 ORCHID DRIVE: Plot and Title Map

25 ORCHID DRIVE sits on a plot of roughly 0.047 of an acre, or 191m². The below map shows the location of 25 ORCHID DRIVE, 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 25 ORCHID DRIVE). 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 25 ORCHID DRIVE?

25 ORCHID DRIVE is located in FARNDON, in the NG24 postcode district. The below map shows the position of No. 25 on ORCHID DRIVE.