ORCHARD VIEW, LOW STREET, ELSTON, NEWARK, NG23 5PA - £235,000

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 very small extended detached house of 92m², built sometime between 1950 and 1966. It was last sold for £235,000 in October 2019, which was around 15% below the average October 2019 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was C.

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. Both of the two ORCHARD VIEW sales were 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
2019 30 OCT	£235,000	£275,504	15% below HPI
1996 28 JUN	£62,000	£73,188	15% 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 June 1996 and October 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 June 1996 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2019 sale, which was also at 15% below the HPI.

How Large is ORCHARD VIEW?

ORCHARD VIEW is 92m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the smallest 20% of detached houses in Elston, based on EPC data. The below chart shows the distribution of detached houses by size in Elston, and where ORCHARD VIEW lies on this distribution: 19% of detached houses are smaller than ORCHARD VIEW, and 81% of houses are larger. Note that EPC data is not available for all properties in Elston.

ORCHARD VIEW: Plot and Title Map

ORCHARD VIEW sits on a plot of roughly 0.132 of an acre, or 535m². 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 LOW STREET in ELSTON, in the NG23 postcode district. The below map shows the position of ORCHARD VIEW on LOW STREET.