THE ORCHARD, BROOK AVENUE, SCORTON, PRESTON, PR3 1AR - £292,000

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

THE ORCHARD is a very small detached house of 100m², built sometime between 1950 and 1966. It was last sold for £292,000 in September 2021, which was around 14% above the average September 2021 detached price in the Wyre local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was C.

THE ORCHARD Sold Prices

Land registry data shows two sales for THE ORCHARD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wyre local authority area for the corresponding sale date. Both of the two THE ORCHARD 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
2021 29 SEP	£292,000	£257,202	14% above HPI
2016 30 NOV	£255,000	£216,164	18% above HPI

THE ORCHARD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wyre local authority area over time, sourced from the HPI. The two THE ORCHARD sales from November 2016 and September 2021 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 November 2016 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the September 2021 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is THE ORCHARD?

THE ORCHARD is 100m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 10% of detached houses in Scorton, based on EPC data. The below chart shows the distribution of detached houses by size in Scorton, and where THE ORCHARD lies on this distribution: 9% of detached houses are smaller than THE ORCHARD, and 91% of houses are larger. Note that EPC data is not available for all properties in Scorton.

THE ORCHARD: Plot and Title Map

THE ORCHARD sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of THE ORCHARD, 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 THE ORCHARD). 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 THE ORCHARD?

THE ORCHARD is located on BROOK AVENUE in SCORTON, in the PR3 postcode district. The below map shows the position of THE ORCHARD on BROOK AVENUE.