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
5 KINGS ORCHARD is a midsized extended detached house of 160m², built sometime between 1976 and 1982. It was last sold for £577,000 in August 2022, which was around 37% above the average August 2022 detached price in the Herefordshire local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 5 KINGS ORCHARD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. All of the three 5 KINGS ORCHARD 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 |
---|---|---|---|
2022 15 AUG | £577,000 | £420,923 | 37% above HPI |
2019 16 JAN | £415,000 | £337,905 | 23% above HPI |
2002 15 MAR | £223,000 | £152,852 | 46% above HPI |
The below graph shows the average detached house price in the Herefordshire local authority area over time, sourced from the HPI. The three 5 KINGS ORCHARD sales between March 2002 and August 2022 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 January 2019 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the August 2022 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.
5 KINGS ORCHARD is 160m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the largest 40% of detached houses in Cradley, based on EPC data. The below chart shows the distribution of detached houses by size in Cradley, and where 5 KINGS ORCHARD lies on this distribution: 57% of detached houses are smaller than 5 KINGS ORCHARD, and 40% of houses are larger. Note that EPC data is not available for all properties in Cradley.
5 KINGS ORCHARD sits on a plot of roughly 0.260 of an acre, or 1,054m². The below map shows the location of 5 KINGS 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 5 KINGS 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.
5 KINGS ORCHARD is located on UPPER CHURCHFIELDS in CRADLEY, in the WR13 postcode district. The below map shows the position of 5 KINGS ORCHARD on UPPER CHURCHFIELDS.