ORCHARD HOUSE, GRACES PITCH, NEWENT, GL18 1SU - £392,500

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 very large extended detached house of 231m², built sometime from 2007 onwards. It was last sold for £392,500 in March 2018, which was around 32% above the average March 2018 detached price in the Forest of Dean local authority area. The most recent EPC inspection was August 2012, where the current energy rating was C, and the potential energy rating was B.

ORCHARD HOUSE Sold Prices

Land registry data shows four sales for ORCHARD HOUSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Forest of Dean local authority area for the corresponding sale date. All of the four ORCHARD HOUSE 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
2018 29 MAR	£392,500	£297,890	32% above HPI
2014 18 DEC	£355,000	£248,782	43% above HPI
2012 28 SEP	£337,500	£228,551	48% above HPI
2009 26 NOV	£335,000	£225,714	48% above HPI

ORCHARD HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Forest of Dean local authority area over time, sourced from the HPI. The four ORCHARD HOUSE sales between November 2009 and March 2018 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 December 2014 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the March 2018 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is ORCHARD HOUSE?

ORCHARD HOUSE is 231m², which includes three extensions, according to the EPC inspection conducted in August 2012. This puts it in the largest 10% of detached houses in Newent, based on EPC data. The below chart shows the distribution of detached houses by size in Newent, and where ORCHARD HOUSE lies on this distribution: 99% of detached houses are smaller than ORCHARD HOUSE, and 1% of houses are larger. Note that EPC data is not available for all properties in Newent.

ORCHARD HOUSE: Plot and Title Map

ORCHARD HOUSE sits on a plot of roughly 0.147 of an acre, or 596m². 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 GRACES PITCH in NEWENT, in the GL18 postcode district. The below map shows the position of ORCHARD HOUSE on GRACES PITCH.