THE ORCHARD, CHERRY PIE LANE, SPARKFORD, YEOVIL, BA22 7AT - £655,000

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

THE ORCHARD is a very large extended detached house of 331m², built sometime before 1900. It was last sold for £655,000 in January 2024, which was around 50% above the average January 2024 detached price in the Somerset local authority area. The most recent EPC inspection was April 2010, where the current energy rating was G, and the potential energy rating was F.

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 Somerset 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
2024 19 JAN	£655,000	£435,468	50% above HPI
1998 12 JAN	£195,000	£98,800	97% above HPI

THE ORCHARD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The two THE ORCHARD sales from January 1998 and January 2024 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 January 1998 sale was for 97% above the HPI. So the extrapolation line tracks at 97% above the HPI over time, until the January 2024 sale, where it falls to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is THE ORCHARD?

THE ORCHARD is 331m², which includes two extensions, according to the EPC inspection conducted in April 2010. This puts it in the largest 10% of detached houses in Sparkford, based on EPC data. The below chart shows the distribution of detached houses by size in Sparkford, and where THE ORCHARD lies on this distribution: 99% of detached houses are smaller than THE ORCHARD, and 1% of houses are larger. Note that EPC data is not available for all properties in Sparkford.

THE ORCHARD: Plot and Title Map

THE ORCHARD sits on a plot of roughly 0.823 of an acre, or 3,332m². 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 CHERRY PIE LANE in SPARKFORD, in the BA22 postcode district. The below map shows the position of THE ORCHARD on CHERRY PIE LANE.