45, ORCHARD WAY, MEASHAM, SWADLINCOTE, DE12 7JZ - £260,000

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

45 ORCHARD WAY is a midsized extended detached house of 103m², built sometime between 1991 and 1995. It was last sold for £260,000 in March 2021, which was around 15% below the average March 2021 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

45 ORCHARD WAY Sold Prices

Land registry data shows five sales for 45 ORCHARD WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. Most of the five 45 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
2021 11 MAR	£260,000	£304,907	15% below HPI
2015 26 MAY	£207,500	£234,640	12% below HPI
2005 22 APR	£200,000	£204,448	2% below HPI
2003 17 OCT	£171,000	£183,222	7% below HPI
1999 29 OCT	£93,950	£92,106	2% above HPI

45 ORCHARD WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the North West Leicestershire local authority area over time, sourced from the HPI. The five 45 ORCHARD WAY sales between October 1999 and March 2021 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 2015 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the March 2021 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 45 ORCHARD WAY?

45 ORCHARD WAY is 103m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the smallest 50% of detached houses in Measham, based on EPC data. The below chart shows the distribution of detached houses by size in Measham, and where 45 ORCHARD WAY lies on this distribution: 49% of detached houses are smaller than 45 ORCHARD WAY, and 51% of houses are larger. Note that EPC data is not available for all properties in Measham.

45 ORCHARD WAY: Plot and Title Map

45 ORCHARD WAY sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 45 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 45 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 45 ORCHARD WAY?

45 ORCHARD WAY is located in MEASHAM, in the DE12 postcode district. The below map shows the position of No. 45 on ORCHARD WAY.