ORCHARD HOUSE, MARKET PLACE, BELTON, LOUGHBOROUGH, LE12 9UH - £615,444

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

ORCHARD HOUSE is a large detached house of 164m², built in 2020, which could now be worth an estimated £645,361. It was last sold for £615,444 in September 2022, which was around 62% above the average September 2022 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was June 2022, 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 North West Leicestershire 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
2022 7 SEP	£615,444	£378,973	62% above HPI
2020 12 MAY	£160,000	£314,025	49% below HPI

ORCHARD HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North West Leicestershire local authority area over time, sourced from the HPI. The two ORCHARD HOUSE sales from May 2020 and September 2022 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 2020 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the September 2022 sale, where it rises to 62% above the HPI. The line then continues to track at 62% above the HPI.

What might ORCHARD HOUSE be worth now?

ORCHARD HOUSE might now be worth an estimated £645,361.

This is based on house price inflation of 4.9%, between September 2022 and February 2025, for detached houses, in the North West Leicestershire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.9% inflationary increase is applied to the most recent sale price for ORCHARD HOUSE of £615,444 on 7th September 2022. For the value to have increased from £615,444 to £645,361 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of ORCHARD HOUSE has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The September 2022 sale price of £615,444 represented a fair market value for the property.
• The size, condition, and specification of ORCHARD HOUSE has not materially changed since September 2022.

How Large is ORCHARD HOUSE?

ORCHARD HOUSE is 164m² according to the EPC inspection conducted in June 2022. This puts it in the largest 20% of detached houses houses in Belton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Belton, and where ORCHARD HOUSE lies on this distribution: 79% of detached houses houses are smaller than ORCHARD HOUSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Belton.

ORCHARD HOUSE: Plot and Title Map

ORCHARD HOUSE sits on a plot of roughly 0.115 of an acre, or 465m². 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 MARKET PLACE in BELTON, in the LE12 postcode district. The below map shows the position of ORCHARD HOUSE on MARKET PLACE.