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

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 VIEW is a very small extended detached house of 92m², built sometime between 1950 and 1966, which could now be worth an estimated £288,414. It was last sold for £235,000 in October 2019, which was around 18% 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	£286,804	18% below HPI
1996 28 JUN	£62,000	£76,190	19% 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 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the October 2019 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might ORCHARD VIEW be worth now?

ORCHARD VIEW might now be worth an estimated £288,414.

This is based on house price inflation of 22.7%, between October 2019 and February 2025, for detached houses, in the Newark and Sherwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.7% inflationary increase is applied to the most recent sale price for ORCHARD VIEW of £235,000 on 30th October 2019. For the value to have increased from £235,000 to £288,414 over the six years and eight months to February 2025, the following assumptions must hold true:

• The value of ORCHARD VIEW has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The October 2019 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of ORCHARD VIEW has not materially changed since October 2019.

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 houses in Elston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Elston, and where ORCHARD VIEW lies on this distribution: 18% of detached houses houses are smaller than ORCHARD VIEW, and 83% 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.