ORCHARD VIEW, AVONDALE LANE, SOUTHWELL, NG25 0FU - £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 VIEW is a large detached house of 131m². It was last sold for £450,000 in September 2018, which was around 65% above the average September 2018 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was December 2017, where the current energy rating was C, and the potential energy rating was B.

ORCHARD VIEW Sold Prices

Land registry data shows two sales for ORCHARD VIEW since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. One of the two ORCHARD VIEW 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
2018 14 SEP	£450,000	£272,429	65% above HPI
2017 12 SEP	£150,000	£259,345	42% below HPI

ORCHARD VIEW Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The two ORCHARD VIEW sales from September 2017 and September 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 September 2017 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the September 2018 sale, where it rises to 65% above the HPI. The line then continues to track at 65% above the HPI.

How Large is ORCHARD VIEW?

ORCHARD VIEW is 131m² according to the EPC inspection conducted in December 2017. This puts it in the largest 40% of detached houses in Southwell, based on EPC data. The below chart shows the distribution of detached houses by size in Southwell, and where ORCHARD VIEW lies on this distribution: 62% of detached houses are smaller than ORCHARD VIEW, and 38% of houses are larger. Note that EPC data is not available for all properties in Southwell.

ORCHARD VIEW: Plot and Title Map

ORCHARD VIEW sits on a plot of roughly 0.126 of an acre, or 508m². The below map shows the location of ORCHARD VIEW, 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 VIEW). 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 VIEW?

ORCHARD VIEW is located on AVONDALE LANE in SOUTHWELL, in the NG25 postcode district. The below map shows the position of ORCHARD VIEW on AVONDALE LANE.