ORCHARD HOUSE, CHAPEL LANE, GRANBY, NOTTINGHAM, NG13 9PW - £440,000

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 large extended detached house of 181m², built sometime between 1967 and 1975. It was last sold for £440,000 in June 2021, which was around 7% above the average June 2021 detached price in the Rushcliffe local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.

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 Rushcliffe 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 8 JUN	£440,000	£410,295	7% above HPI
1997 23 JAN	£60,000	£95,130	37% below HPI

ORCHARD HOUSE 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 ORCHARD HOUSE sales from January 1997 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 January 1997 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the June 2021 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is ORCHARD HOUSE?

ORCHARD HOUSE is 181m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the largest 30% of detached houses in Granby, based on EPC data. The below chart shows the distribution of detached houses by size in Granby, and where ORCHARD HOUSE lies on this distribution: 75% of detached houses are smaller than ORCHARD HOUSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Granby.

ORCHARD HOUSE: Plot and Title Map

ORCHARD HOUSE sits on a plot of roughly 0.134 of an acre, or 542m². 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 CHAPEL LANE in GRANBY, in the NG13 postcode district. The below map shows the position of ORCHARD HOUSE on CHAPEL LANE.