ORCHARD HOUSE, 15, DERBY ROAD, MILFORD, BELPER, DE56 0RA - £355,000

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

ORCHARD HOUSE is a midsized detached house of 121m². It was last sold for £355,000 in June 2021, which was around 22% above the average June 2021 detached price in the Amber Valley local authority area. The most recent EPC inspection was September 2019, where the current energy rating was B, and the potential energy rating was A.

ORCHARD HOUSE Sold Prices

Land registry data shows two sales for ORCHARD HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. One of the two ORCHARD HOUSE sales was for above the average price, whilst the other was 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
2021 11 JUN	£355,000	£291,150	22% above HPI
2019 18 JUN	£180,000	£252,732	29% below HPI

ORCHARD HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Amber Valley local authority area over time, sourced from the HPI. The two ORCHARD HOUSE sales from June 2019 and June 2021 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 June 2019 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the June 2021 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is ORCHARD HOUSE?

ORCHARD HOUSE is 121m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 50% of detached houses in Milford, based on EPC data. The below chart shows the distribution of detached houses by size in Milford, and where ORCHARD HOUSE lies on this distribution: 44% of detached houses are smaller than ORCHARD HOUSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Milford.

ORCHARD HOUSE: Plot and Title Map

ORCHARD HOUSE sits on a plot of roughly 0.123 of an acre, or 497m². The below map shows the location of ORCHARD HOUSE, 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 ORCHARD HOUSE). 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 ORCHARD HOUSE?

ORCHARD HOUSE is located on DERBY ROAD in MILFORD, in the DE56 postcode district. The below map shows the position of ORCHARD HOUSE on DERBY ROAD.