4, THE ORCHARD, ELSTON, NEWARK, NG23 5PL - £337,500

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

4 THE ORCHARD is a large detached house of 184m², built sometime between 1983 and 1990. It was last sold for £337,500 in August 2002, which was around 141% above the average August 2002 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was C.

4 THE ORCHARD Sold Prices

Land registry data shows two sales for 4 THE ORCHARD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. One of the two 4 THE ORCHARD sales was for above the average price, whilst the other was 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
2002 8 AUG	£337,500	£139,971	141% above HPI
1995 21 APR	£40,000	£70,991	44% below HPI

4 THE ORCHARD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The two 4 THE ORCHARD sales from April 1995 and August 2002 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 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the August 2002 sale, where it rises to 141% above the HPI. The line then continues to track at 141% above the HPI.

How Large is 4 THE ORCHARD?

4 THE ORCHARD is 184m² according to the EPC inspection conducted in January 2014. This puts it in the largest 30% of detached houses in Elston, based on EPC data. The below chart shows the distribution of detached houses by size in Elston, and where 4 THE ORCHARD lies on this distribution: 73% of detached houses are smaller than 4 THE ORCHARD, and 26% of houses are larger. Note that EPC data is not available for all properties in Elston.

4 THE ORCHARD: Plot and Title Map

4 THE ORCHARD sits on a plot of roughly 0.141 of an acre, or 571m². The below map shows the location of 4 THE ORCHARD, 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). 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 4 THE ORCHARD?

4 THE ORCHARD is located in ELSTON, in the NG23 postcode district. The below map shows the position of No. 4 on THE ORCHARD.