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
3 ORCHARD CLOSE is a large extended detached house of 162m², built sometime between 1996 and 2002. It was last sold for £468,000 in September 2024, which was around 12% above the average September 2024 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 3 ORCHARD CLOSE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Northamptonshire local authority area for the corresponding sale date. Most of the five 3 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 |
---|---|---|---|
2024 12 SEP | £468,000 | £416,225 | 12% above HPI |
2015 27 AUG | £355,000 | £253,625 | 40% above HPI |
2006 3 OCT | £318,000 | £221,282 | 44% above HPI |
2002 18 JAN | £192,400 | £127,428 | 51% above HPI |
1999 27 MAY | £55,000 | £88,241 | 38% below HPI |
The below graph shows the average detached house price in the North Northamptonshire local authority area over time, sourced from the HPI. The five 3 ORCHARD CLOSE sales between May 1999 and September 2024 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 2015 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the September 2024 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.
3 ORCHARD CLOSE is 162m², which includes one extension, according to the EPC inspection conducted in August 2023. This puts it in the largest 30% of detached houses in Ringstead, based on EPC data. The below chart shows the distribution of detached houses by size in Ringstead, and where 3 ORCHARD CLOSE lies on this distribution: 78% of detached houses are smaller than 3 ORCHARD CLOSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Ringstead.
3 ORCHARD CLOSE sits on a plot of roughly 0.180 of an acre, or 729m². The below map shows the location of 3 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 3 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.
3 ORCHARD CLOSE is located in RINGSTEAD, in the NN14 postcode district. The below map shows the position of No. 3 on ORCHARD CLOSE.