7, ORCHARD DRIVE, COTGRAVE, NOTTINGHAM, NG12 3TP - £300,000

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

7 ORCHARD DRIVE is a small detached house of 91m². It was last sold for £300,000 in September 2021, which was around 27% below the average September 2021 detached price in the Rushcliffe local authority area. The most recent EPC inspection was May 2017, where the current energy rating was B, and the potential energy rating was A.

7 ORCHARD DRIVE Sold Prices

Land registry data shows two sales for 7 ORCHARD DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. Both of the two 7 ORCHARD DRIVE 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 20 SEP	£300,000	£410,499	27% below HPI
2017 27 JUL	£263,995	£352,927	25% below HPI

7 ORCHARD DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The two 7 ORCHARD DRIVE sales from July 2017 and September 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 July 2017 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the September 2021 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 7 ORCHARD DRIVE?

7 ORCHARD DRIVE is 91m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 30% of detached houses in Cotgrave, based on EPC data. The below chart shows the distribution of detached houses by size in Cotgrave, and where 7 ORCHARD DRIVE lies on this distribution: 26% of detached houses are smaller than 7 ORCHARD DRIVE, and 74% of houses are larger. Note that EPC data is not available for all properties in Cotgrave.

7 ORCHARD DRIVE: Plot and Title Map

7 ORCHARD DRIVE sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 7 ORCHARD DRIVE, 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 7 ORCHARD DRIVE). 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 7 ORCHARD DRIVE?

7 ORCHARD DRIVE is located in COTGRAVE, in the NG12 postcode district. The below map shows the position of No. 7 on ORCHARD DRIVE.