OLD ORCHARD, MILL ROAD, HEMPNALL, NORWICH, NR15 2LP - £475,000

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

OLD ORCHARD is a large extended detached house of 166m², built sometime between 1950 and 1966. It was last sold for £475,000 in May 2015, which was around 75% above the average May 2015 detached price in the South Norfolk local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was C.

OLD ORCHARD Sold Prices

Land registry data shows two sales for OLD 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 South Norfolk local authority area for the corresponding sale date. Both of the two OLD 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 14 MAY	£475,000	£270,789	75% above HPI
2010 11 MAY	£239,000	£232,851	3% above HPI

OLD ORCHARD Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The two OLD ORCHARD sales from May 2010 and May 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 May 2010 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the May 2015 sale, where it rises to 75% above the HPI. The line then continues to track at 75% above the HPI.

How Large is OLD ORCHARD?

OLD ORCHARD is 166m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the largest 30% of detached houses in Hempnall, based on EPC data. The below chart shows the distribution of detached houses by size in Hempnall, and where OLD ORCHARD lies on this distribution: 78% of detached houses are smaller than OLD ORCHARD, and 22% of houses are larger. Note that EPC data is not available for all properties in Hempnall.

OLD ORCHARD: Plot and Title Map

OLD ORCHARD sits on a plot of roughly 0.250 of an acre, or 1,013m². The below map shows the location of OLD 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 OLD 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 OLD ORCHARD?

OLD ORCHARD is located on MILL ROAD in HEMPNALL, in the NR15 postcode district. The below map shows the position of OLD ORCHARD on MILL ROAD.