ORCHARD WAY, ITCHINGTON ROAD, TYTHERINGTON, WOTTON-UNDER-EDGE, GL12 8QE - £500,000

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 WAY is a very small detached house of 73m², built sometime between 1950 and 1966. It was last sold for £500,000 in March 2023, which was around 10% below the average March 2023 detached price in the South Gloucestershire local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was C.

ORCHARD WAY Sold Prices

Land registry data shows three sales for ORCHARD WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Gloucestershire local authority area for the corresponding sale date. All of the three ORCHARD WAY 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
2023 14 MAR	£500,000	£555,209	10% below HPI
2019 9 DEC	£325,000	£447,741	27% below HPI
1998 29 OCT	£85,000	£115,961	27% below HPI

ORCHARD WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Gloucestershire local authority area over time, sourced from the HPI. The three ORCHARD WAY sales between October 1998 and March 2023 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 2019 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the March 2023 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is ORCHARD WAY?

ORCHARD WAY is 73m² according to the EPC inspection conducted in December 2018. This puts it in the smallest 10% of detached houses in Tytherington, based on EPC data. The below chart shows the distribution of detached houses by size in Tytherington, and where ORCHARD WAY lies on this distribution: 2% of detached houses are smaller than ORCHARD WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Tytherington.

ORCHARD WAY: Plot and Title Map

ORCHARD WAY sits on a plot of roughly 0.118 of an acre, or 478m². The below map shows the location of ORCHARD WAY, 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 WAY). 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 WAY?

ORCHARD WAY is located on ITCHINGTON ROAD in TYTHERINGTON, in the GL12 postcode district. The below map shows the position of ORCHARD WAY on ITCHINGTON ROAD.