ORCHARD VIEW, NEW ROAD, HEAGE, BELPER, DE56 2BA - £362,500

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 VIEW is a large extended detached house of 113m², built sometime between 1996 and 2002. It was last sold for £362,500 in February 2022, which was around 18% above the average February 2022 detached price in the Amber Valley local authority area. The most recent EPC inspection was May 2021, 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 Amber Valley local authority area for the corresponding sale date. Both of the two ORCHARD VIEW 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
2022 2 FEB	£362,500	£306,759	18% above HPI
2002 15 MAR	£161,500	£99,059	63% above HPI

ORCHARD VIEW Price Paid vs. HPI Average

The below graph shows the average detached house price in the Amber Valley local authority area over time, sourced from the HPI. The two ORCHARD VIEW sales from March 2002 and February 2022 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 March 2002 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the February 2022 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is ORCHARD VIEW?

ORCHARD VIEW is 113m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the largest 40% of detached houses in Heage, based on EPC data. The below chart shows the distribution of detached houses by size in Heage, and where ORCHARD VIEW lies on this distribution: 60% of detached houses are smaller than ORCHARD VIEW, and 40% of houses are larger. Note that EPC data is not available for all properties in Heage.

ORCHARD VIEW: Plot and Title Map

ORCHARD VIEW sits on a plot of roughly 0.273 of an acre, or 1,106m². 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 NEW ROAD in HEAGE, in the DE56 postcode district. The below map shows the position of ORCHARD VIEW on NEW ROAD.