8, THE ORCHARDS, LOWDHAM, NOTTINGHAM, NG14 7DP - £300,000

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

8 THE ORCHARDS is a very small extended detached house of 82m², built sometime between 1967 and 1975. It was last sold for £300,000 in November 2022, which was around 10% below the average November 2022 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was C.

8 THE ORCHARDS Sold Prices

Land registry data shows two sales for 8 THE ORCHARDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. Both of the two 8 THE ORCHARDS 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 3 NOV	£300,000	£334,244	10% below HPI
2008 5 DEC	£142,000	£193,808	27% below HPI

8 THE ORCHARDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The two 8 THE ORCHARDS sales from December 2008 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 December 2008 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the November 2022 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 8 THE ORCHARDS?

8 THE ORCHARDS is 82m², which includes two extensions, according to the EPC inspection conducted in July 2022. This puts it in the smallest 10% of detached houses in Lowdham, based on EPC data. The below chart shows the distribution of detached houses by size in Lowdham, and where 8 THE ORCHARDS lies on this distribution: 4% of detached houses are smaller than 8 THE ORCHARDS, and 95% of houses are larger. Note that EPC data is not available for all properties in Lowdham.

8 THE ORCHARDS: Plot and Title Map

8 THE ORCHARDS sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 8 THE ORCHARDS, 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 THE ORCHARDS). 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 THE ORCHARDS?

8 THE ORCHARDS is located in LOWDHAM, in the NG14 postcode district. The below map shows the position of No. 8 on THE ORCHARDS.