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 LEA is a very small detached house of 88m², built sometime between 1950 and 1966. It was last sold for £362,500 in February 2018, which was around 16% 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.
Land registry data shows two sales for 3 ORCHARD LEA since 1st 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 | £430,244 | 16% below HPI |
2002 31 MAY | £185,000 | £195,559 | 5% below HPI |
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 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the February 2018 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.
3 ORCHARD LEA is 88m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 20% of detached houses in Alveston, based on EPC data. The below chart shows the distribution of detached houses by size in Alveston, and where 3 ORCHARD LEA lies on this distribution: 12% of detached houses are smaller than 3 ORCHARD LEA, and 87% of houses are larger. Note that EPC data is not available for all properties in Alveston.
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.
3 ORCHARD LEA is located in ALVESTON, in the BS35 postcode district. The below map shows the position of No. 3 on ORCHARD LEA.