1, ORCHARD CLOSE, SOUTHWELL, NG25 0DY - £460,000

1 ORCHARD CLOSE is a midsized extended detached house of 127m², built sometime between 1983 and 1990. It was last sold for £460,000 in March 2021, which was around 59% above the average March 2021 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was B.

1 ORCHARD CLOSE Sold Prices

Land registry data shows three sales for 1 ORCHARD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the three 1 ORCHARD CLOSE 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 30 MAR	£460,000	£289,565	59% above HPI
2006 30 AUG	£299,950	£212,240	41% above HPI
2002 19 JUL	£186,000	£134,634	38% above HPI

1 ORCHARD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The three 1 ORCHARD CLOSE sales between July 2002 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 August 2006 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the March 2021 sale, where it rises to 59% above the HPI. The line then continues to track at 59% above the HPI.

How Large is 1 ORCHARD CLOSE?

1 ORCHARD CLOSE is 127m², which includes one extension, according to the EPC inspection conducted in January 2021. This puts it in the largest 50% of detached houses in Southwell, based on EPC data. The below chart shows the distribution of detached houses by size in Southwell, and where 1 ORCHARD CLOSE lies on this distribution: 57% of detached houses are smaller than 1 ORCHARD CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Southwell.

1 ORCHARD CLOSE: Plot and Title Map

1 ORCHARD CLOSE sits on a plot of roughly 0.134 of an acre, or 544m². The below map shows the location of 1 ORCHARD CLOSE, 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 1 ORCHARD CLOSE). 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 1 ORCHARD CLOSE?

1 ORCHARD CLOSE is located in SOUTHWELL, in the NG25 postcode district. The below map shows the position of No. 1 on ORCHARD CLOSE.