5, ORCHARD RISE, ALFRETON, DE55 7HJ - £240,000

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

5 ORCHARD RISE is a midsized detached house of 114m², built sometime between 2003 and 2006. It was last sold for £240,000 in August 2012, which was around 29% above the average August 2012 detached price in the Amber Valley local authority area. The most recent EPC inspection was October 2011, where the current energy rating was C, and the potential energy rating was C.

5 ORCHARD RISE Sold Prices

Land registry data shows two sales for 5 ORCHARD RISE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. Both of the two 5 ORCHARD RISE 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
2012 29 AUG	£240,000	£185,675	29% above HPI
2005 6 JAN	£250,000	£180,346	39% above HPI

5 ORCHARD RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Amber Valley local authority area over time, sourced from the HPI. The two 5 ORCHARD RISE sales from January 2005 and August 2012 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 2005 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the August 2012 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 5 ORCHARD RISE?

5 ORCHARD RISE is 114m² according to the EPC inspection conducted in October 2011. This puts it in the largest 50% of detached houses in Alfreton, based on EPC data. The below chart shows the distribution of detached houses by size in Alfreton, and where 5 ORCHARD RISE lies on this distribution: 58% of detached houses are smaller than 5 ORCHARD RISE, and 42% of houses are larger. Note that EPC data is not available for all properties in Alfreton.

5 ORCHARD RISE: Plot and Title Map

5 ORCHARD RISE sits on a plot of roughly 0.137 of an acre, or 556m². The below map shows the location of 5 ORCHARD RISE, 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 RISE). 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 5 ORCHARD RISE?

5 ORCHARD RISE is located in ALFRETON, in the DE55 postcode district. The below map shows the position of No. 5 on ORCHARD RISE.