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
31 ORCHARD LANE is a very small extended detached house of 107m², built sometime between 1967 and 1975. It was last sold for £355,000 in July 2018, which was around 8% above the average July 2018 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 31 ORCHARD LANE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Northamptonshire local authority area for the corresponding sale date. All of the three 31 ORCHARD LANE 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 |
---|---|---|---|
2018 13 JUL | £355,000 | £327,659 | 8% above HPI |
2012 4 OCT | £274,000 | £209,088 | 31% above HPI |
2004 23 JUN | £225,000 | £193,068 | 17% above HPI |
The below graph shows the average detached house price in the North Northamptonshire local authority area over time, sourced from the HPI. The three 31 ORCHARD LANE sales between June 2004 and July 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 2012 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the July 2018 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.
31 ORCHARD LANE is 107m², which includes one extension, according to the EPC inspection conducted in August 2018. This puts it in the smallest 20% of detached houses in Woodnewton, based on EPC data. The below chart shows the distribution of detached houses by size in Woodnewton, and where 31 ORCHARD LANE lies on this distribution: 15% of detached houses are smaller than 31 ORCHARD LANE, and 85% of houses are larger. Note that EPC data is not available for all properties in Woodnewton.
31 ORCHARD LANE sits on a plot of roughly 0.122 of an acre, or 496m². The below map shows the location of 31 ORCHARD LANE, 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 31 ORCHARD LANE). 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.
31 ORCHARD LANE is located in WOODNEWTON, in the PE8 postcode district. The below map shows the position of No. 31 on ORCHARD LANE.