ORCHARD RISE, SANDPITS LANE, SHERSTON, MALMESBURY, SN16 0NN - £450,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

ORCHARD RISE is a very large detached house of 262m², built in 2022. It was last sold for £450,000 in May 2019, which was around 10% above the average May 2019 detached price in the Wiltshire local authority area. The most recent EPC inspection was July 2022, where the current energy rating was B, and the potential energy rating was B.

ORCHARD RISE Sold Prices

Land registry data shows two sales for ORCHARD RISE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. Both of the two ORCHARD RISE 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
2019 10 MAY	£450,000	£409,269	10% above HPI
1997 5 DEC	£130,000	£119,219	9% above HPI

ORCHARD RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wiltshire local authority area over time, sourced from the HPI. The two ORCHARD RISE sales from December 1997 and May 2019 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 1997 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the May 2019 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is ORCHARD RISE?

ORCHARD RISE is 262m² according to the EPC inspection conducted in July 2022. This puts it in the largest 10% of detached houses in Sherston, based on EPC data. The below chart shows the distribution of detached houses by size in Sherston, and where ORCHARD RISE lies on this distribution: 94% of detached houses are smaller than ORCHARD RISE, and 6% of houses are larger. Note that EPC data is not available for all properties in Sherston.

ORCHARD RISE: Plot and Title Map

ORCHARD RISE sits on a plot of roughly 0.312 of an acre, or 1,264m². The below map shows the location of ORCHARD RISE, 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 RISE). 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 RISE?

ORCHARD RISE is located on SANDPITS LANE in SHERSTON, in the SN16 postcode district. The below map shows the position of ORCHARD RISE on SANDPITS LANE.