LITTLE ORCHARD, ORCHARD CLOSE, WREA GREEN, PRESTON, PR4 2NH - £315,000

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

LITTLE ORCHARD is a midsized extended detached house of 143m², built sometime between 1950 and 1966. It was last sold for £315,000 in June 2015, which was around 22% above the average June 2015 detached price in the Fylde local authority area. The most recent EPC inspection was December 2014, where the current energy rating was E, and the potential energy rating was C.

LITTLE ORCHARD Sold Prices

Land registry data shows two sales for LITTLE 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 Fylde local authority area for the corresponding sale date. Both of the two LITTLE 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
2015 1 JUN	£315,000	£257,387	22% above HPI
2004 4 NOV	£320,000	£242,055	32% above HPI

LITTLE ORCHARD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fylde local authority area over time, sourced from the HPI. The two LITTLE ORCHARD sales from November 2004 and June 2015 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 November 2004 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the June 2015 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is LITTLE ORCHARD?

LITTLE ORCHARD is 143m², which includes one extension, according to the EPC inspection conducted in December 2014. This puts it in the smallest 50% of detached houses in Wrea Green, based on EPC data. The below chart shows the distribution of detached houses by size in Wrea Green, and where LITTLE ORCHARD lies on this distribution: 41% of detached houses are smaller than LITTLE ORCHARD, and 59% of houses are larger. Note that EPC data is not available for all properties in Wrea Green.

LITTLE ORCHARD: Plot and Title Map

LITTLE ORCHARD sits on a plot of roughly 0.127 of an acre, or 515m². The below map shows the location of LITTLE 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 LITTLE 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 LITTLE ORCHARD?

LITTLE ORCHARD is located on ORCHARD CLOSE in WREA GREEN, in the PR4 postcode district. The below map shows the position of LITTLE ORCHARD on ORCHARD CLOSE.