47, ORCHARD WAY, SYSTON, LEICESTER, LE7 2AL - £315,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

47 ORCHARD WAY is a midsized extended detached house of 121m², built sometime between 1976 and 1982. It was last sold for £315,000 in November 2018, which was around 4% below the average November 2018 detached price in the Charnwood local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

47 ORCHARD WAY Sold Prices

Land registry data shows three sales for 47 ORCHARD WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. All of the three 47 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
2018 16 NOV	£315,000	£329,225	4% below HPI
1999 20 AUG	£72,300	£102,116	29% below HPI
1997 27 MAR	£57,500	£83,477	31% below HPI

47 ORCHARD WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Charnwood local authority area over time, sourced from the HPI. The three 47 ORCHARD WAY sales between March 1997 and November 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 August 1999 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the November 2018 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 47 ORCHARD WAY?

47 ORCHARD WAY is 121m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the largest 50% of detached houses in Syston, based on EPC data. The below chart shows the distribution of detached houses by size in Syston, and where 47 ORCHARD WAY lies on this distribution: 57% of detached houses are smaller than 47 ORCHARD WAY, and 42% of houses are larger. Note that EPC data is not available for all properties in Syston.

47 ORCHARD WAY: Plot and Title Map

47 ORCHARD WAY sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 47 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 47 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 47 ORCHARD WAY?

47 ORCHARD WAY is located in SYSTON, in the LE7 postcode district. The below map shows the position of No. 47 on ORCHARD WAY.