3, ORCHARD WAY, SANDIACRE, NOTTINGHAM, NG10 5NF - £145,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 ORCHARD WAY is a small detached house of 84m², built sometime between 1967 and 1975. It was last sold for £145,000 in October 2012, which was around 16% below the average October 2012 detached price in the Erewash local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was B.

3 ORCHARD WAY Sold Prices

Land registry data shows two sales for 3 ORCHARD WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. Both of the two 3 ORCHARD WAY 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
2012 26 OCT	£145,000	£171,602	16% below HPI
1995 10 APR	£27,500	£60,627	55% below HPI

3 ORCHARD WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The two 3 ORCHARD WAY sales from April 1995 and October 2012 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 April 1995 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the October 2012 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 3 ORCHARD WAY?

3 ORCHARD WAY is 84m² according to the EPC inspection conducted in August 2012. This puts it in the smallest 30% of detached houses in Sandiacre, based on EPC data. The below chart shows the distribution of detached houses by size in Sandiacre, and where 3 ORCHARD WAY lies on this distribution: 24% of detached houses are smaller than 3 ORCHARD WAY, and 74% of houses are larger. Note that EPC data is not available for all properties in Sandiacre.

3 ORCHARD WAY: Plot and Title Map

3 ORCHARD WAY sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 3 ORCHARD WAY, 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 WAY). 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 WAY?

3 ORCHARD WAY is located in SANDIACRE, in the NG10 postcode district. The below map shows the position of No. 3 on ORCHARD WAY.