CHERRY ORCHARD, OLD ROAD, RUDDINGTON, NOTTINGHAM, NG11 6NF - £1,150,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

CHERRY ORCHARD is a very large extended detached house of 429m², built sometime between 1950 and 1966, which could now be worth an estimated £1,516,326. It was last sold for £1,150,000 in May 2019, which was around 203% above the average May 2019 detached price in the Rushcliffe local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.

CHERRY ORCHARD Sold Prices

Land registry data shows two sales for CHERRY ORCHARD 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 CHERRY ORCHARD 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
2019 3 MAY	£1,150,000	£379,388	203% above HPI
2007 24 APR	£750,000	£276,856	171% above HPI

CHERRY ORCHARD 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 CHERRY ORCHARD sales from April 2007 and May 2019 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 April 2007 sale was for 171% above the HPI. So the extrapolation line tracks at 171% above the HPI over time, until the May 2019 sale, where it rises to 203% above the HPI. The line then continues to track at 203% above the HPI.

What might CHERRY ORCHARD be worth now?

CHERRY ORCHARD might now be worth an estimated £1,516,326.

This is based on house price inflation of 31.9%, between May 2019 and February 2025, for detached houses, in the Rushcliffe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 31.9% inflationary increase is applied to the most recent sale price for CHERRY ORCHARD of £1,150,000 on 3rd May 2019. For the value to have increased from £1,150,000 to £1,516,326 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of CHERRY ORCHARD has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The May 2019 sale price of £1,150,000 represented a fair market value for the property.
• The size, condition, and specification of CHERRY ORCHARD has not materially changed since May 2019.

How Large is CHERRY ORCHARD?

CHERRY ORCHARD is 429m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the largest 10% of detached houses houses in Ruddington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ruddington, and where CHERRY ORCHARD lies on this distribution: 99% of detached houses houses are smaller than CHERRY ORCHARD, and 1% of houses are larger. Note that EPC data is not available for all properties in Ruddington.

CHERRY ORCHARD: Plot and Title Map

CHERRY ORCHARD sits on a plot of roughly 0.579 of an acre, or 2,342m². The below map shows the location of CHERRY ORCHARD, 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 CHERRY ORCHARD). 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 CHERRY ORCHARD?

CHERRY ORCHARD is located on OLD ROAD in RUDDINGTON, in the NG11 postcode district. The below map shows the position of CHERRY ORCHARD on OLD ROAD.