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 97m², built sometime from 2007 onwards. It was last sold for £330,000 in March 2021, which was around 2% below the average March 2021 detached price in the Shropshire local authority area. The most recent EPC inspection was April 2013, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for THE ORCHARD since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. Both of the two THE ORCHARD 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 |
---|---|---|---|
2021 5 MAR | £330,000 | £338,371 | 2% below HPI |
2014 6 JUN | £248,000 | £258,283 | 4% below HPI |
The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The two THE ORCHARD sales from June 2014 and March 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 June 2014 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the March 2021 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.
THE ORCHARD is 97m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 10% of detached houses in Adderley, based on EPC data. The below chart shows the distribution of detached houses by size in Adderley, and where THE ORCHARD lies on this distribution: 6% of detached houses are smaller than THE ORCHARD, and 94% of houses are larger. Note that EPC data is not available for all properties in Adderley.
THE ORCHARD sits on a plot of roughly 0.173 of an acre, or 701m². 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.
THE ORCHARD is located on RECTORY LANE in ADDERLEY, in the TF9 postcode district. The below map shows the position of THE ORCHARD on RECTORY LANE.