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
4 THE ORCHARD CLOSE is a midsized extended detached house of 116m², built sometime between 1950 and 1966. It was last sold for £235,000 in April 2012, which was around 17% below the average April 2012 detached price in the North Somerset local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 4 THE ORCHARD CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Somerset local authority area for the corresponding sale date. All of the four 4 THE ORCHARD CLOSE 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 10 APR | £235,000 | £283,643 | 17% below HPI |
2010 11 NOV | £248,750 | £291,688 | 15% below HPI |
2003 25 JUN | £187,000 | £218,533 | 14% below HPI |
1995 27 JAN | £57,000 | £88,430 | 36% below HPI |
The below graph shows the average detached house price in the North Somerset local authority area over time, sourced from the HPI. The four 4 THE ORCHARD CLOSE sales between January 1995 and April 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 November 2010 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the April 2012 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.
4 THE ORCHARD CLOSE is 116m², which includes two extensions, according to the EPC inspection conducted in November 2011. This puts it in the largest 50% of detached houses in Locking, based on EPC data. The below chart shows the distribution of detached houses by size in Locking, and where 4 THE ORCHARD CLOSE lies on this distribution: 52% of detached houses are smaller than 4 THE ORCHARD CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Locking.
4 THE ORCHARD CLOSE sits on a plot of roughly 0.115 of an acre, or 465m². The below map shows the location of 4 THE 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 4 THE 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.
4 THE ORCHARD CLOSE is located in LOCKING, in the BS24 postcode district. The below map shows the position of No. 4 on THE ORCHARD CLOSE.