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
5 ORCHARD CLOSE is a small extended detached house of 116m², built sometime between 1983 and 1990. It was last sold for £372,500 in June 2021, which was around 17% above the average June 2021 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was August 2014, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 5 ORCHARD CLOSE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. All of the three 5 ORCHARD CLOSE 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 |
---|---|---|---|
2021 25 JUN | £372,500 | £317,544 | 17% above HPI |
2015 22 MAY | £272,500 | £234,640 | 16% above HPI |
2007 5 APR | £268,000 | £220,092 | 22% above HPI |
The below graph shows the average detached house price in the North West Leicestershire local authority area over time, sourced from the HPI. The three 5 ORCHARD CLOSE sales between April 2007 and June 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 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the June 2021 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.
5 ORCHARD CLOSE is 116m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the smallest 30% of detached houses in Osgathorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Osgathorpe, and where 5 ORCHARD CLOSE lies on this distribution: 22% of detached houses are smaller than 5 ORCHARD CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Osgathorpe.
5 ORCHARD CLOSE sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of 5 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 5 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.
5 ORCHARD CLOSE is located in OSGATHORPE, in the LE12 postcode district. The below map shows the position of No. 5 on ORCHARD CLOSE.