3, ORCHARD LEA, ALVESTON, BRISTOL, BS35 3LP - £362,500

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.

3 ORCHARD LEA is a very small detached house of 88m², built sometime between 1950 and 1966, which could now be worth an estimated £476,386. It was last sold for £362,500 in February 2018, which was around 14% below the average February 2018 detached price in the South Gloucestershire local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was C.

3 ORCHARD LEA Sold Prices

Land registry data shows two sales for 3 ORCHARD LEA since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Gloucestershire local authority area for the corresponding sale date. Both of the two 3 ORCHARD LEA 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 28 FEB	£362,500	£423,744	14% below HPI
2002 31 MAY	£185,000	£192,604	4% below HPI

3 ORCHARD LEA Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Gloucestershire local authority area over time, sourced from the HPI. The two 3 ORCHARD LEA sales from May 2002 and February 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 May 2002 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the February 2018 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 3 ORCHARD LEA be worth now?

3 ORCHARD LEA might now be worth an estimated £476,386.

This is based on house price inflation of 31.4%, between February 2018 and March 2025, for detached houses, in the South Gloucestershire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 31.4% inflationary increase is applied to the most recent sale price for 3 ORCHARD LEA of £362,500 on 28th February 2018. For the value to have increased from £362,500 to £476,386 over the six years and eleven months to March 2025, the following assumptions must hold true:

• The value of 3 ORCHARD LEA has moved in line with the HPI for detached houses in the South Gloucestershire local authority area.
• The February 2018 sale price of £362,500 represented a fair market value for the property.
• The size, condition, and specification of 3 ORCHARD LEA has not materially changed since February 2018.

How Large is 3 ORCHARD LEA?

3 ORCHARD LEA is 88m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 20% of detached houses houses in Alveston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Alveston, and where 3 ORCHARD LEA lies on this distribution: 12% of detached houses houses are smaller than 3 ORCHARD LEA, and 86% of houses are larger. Note that EPC data is not available for all properties in Alveston.

3 ORCHARD LEA: Plot and Title Map

3 ORCHARD LEA sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 3 ORCHARD LEA, 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 LEA). 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 3 ORCHARD LEA?

3 ORCHARD LEA is located in ALVESTON, in the BS35 postcode district. The below map shows the position of No. 3 on ORCHARD LEA.