8, ORCHARD STREET, NEWTHORPE, NOTTINGHAM, NG16 2EL - £110,000

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

8 ORCHARD STREET is a very small extended detached house of 56m², built sometime between 1900 and 1929. It was last sold for £110,000 in November 2022, which was around 68% below the average November 2022 detached price in the Broxtowe local authority area. The most recent EPC inspection was January 2022, where the current energy rating was E, and the potential energy rating was B.

8 ORCHARD STREET Sold Prices

Land registry data shows two sales for 8 ORCHARD STREET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broxtowe local authority area for the corresponding sale date. Both of the two 8 ORCHARD STREET 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
2022 25 NOV	£110,000	£342,085	68% below HPI
1998 16 OCT	£37,500	£77,457	52% below HPI

8 ORCHARD STREET Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broxtowe local authority area over time, sourced from the HPI. The two 8 ORCHARD STREET sales from October 1998 and November 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 October 1998 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the November 2022 sale, where it falls to 68% below the HPI. The line then continues to track at 68% below the HPI.

How Large is 8 ORCHARD STREET?

8 ORCHARD STREET is 56m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the smallest 10% of detached houses in Eastwood, based on EPC data. The below chart shows the distribution of detached houses by size in Eastwood, and where 8 ORCHARD STREET lies on this distribution: 5% of detached houses are smaller than 8 ORCHARD STREET, and 94% of houses are larger. Note that EPC data is not available for all properties in Eastwood.

8 ORCHARD STREET: Plot and Title Map

8 ORCHARD STREET sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 8 ORCHARD STREET, 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 8 ORCHARD STREET). 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 8 ORCHARD STREET?

8 ORCHARD STREET is located in NEWTHORPE, in the NG16 postcode district. The below map shows the position of No. 8 on ORCHARD STREET.