ORCHARD HOUSE, MILFORD, NEWTOWN, SY16 3HF - £470,000

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 very large detached house of 250m², built sometime between 1996 and 2002. It was last sold for £470,000 in September 2020, which was around 82% above the average September 2020 detached price in the Powys local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was C.

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 Powys local authority area for the corresponding sale date. Both of the two 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
2020 9 SEP	£470,000	£257,777	82% above HPI
2005 29 JUN	£370,000	£195,528	89% above HPI

ORCHARD HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Powys local authority area over time, sourced from the HPI. The two ORCHARD HOUSE sales from June 2005 and September 2020 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 2005 sale was for 89% above the HPI. So the extrapolation line tracks at 89% above the HPI over time, until the September 2020 sale, where it falls to 82% above the HPI. The line then continues to track at 82% above the HPI.

How Large is ORCHARD HOUSE?

ORCHARD HOUSE is 250m² according to the EPC inspection conducted in June 2019. This puts it in the largest 10% of detached houses in Newtown, based on EPC data. The below chart shows the distribution of detached houses by size in Newtown, and where ORCHARD HOUSE lies on this distribution: 97% of detached houses are smaller than ORCHARD HOUSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Newtown.

ORCHARD HOUSE: Plot and Title Map

ORCHARD HOUSE sits on a plot of roughly 0.370 of an acre, or 1,496m². 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 in MILFORD, in the SY16 postcode district. The below map shows the position of ORCHARD HOUSE in MILFORD.