10, ORCHID DRIVE, FARNDON, NEWARK, NG24 3TX - £275,000

10 ORCHID DRIVE is a midsized extended detached house of 103m², built sometime between 1983 and 1990. It was last sold for £275,000 in January 2023, which was around 22% below the average January 2023 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

10 ORCHID DRIVE Sold Prices

Land registry data shows four sales for 10 ORCHID DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the four 10 ORCHID DRIVE 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 27 JAN	£275,000	£353,146	22% below HPI
2015 11 DEC	£196,500	£238,450	18% below HPI
1999 19 NOV	£76,500	£87,920	13% below HPI
1995 30 JUN	£62,000	£71,037	13% below HPI

10 ORCHID DRIVE 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 four 10 ORCHID DRIVE sales between June 1995 and January 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 2015 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the January 2023 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 10 ORCHID DRIVE?

10 ORCHID DRIVE is 103m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the largest 50% of detached houses in Farndon, based on EPC data. The below chart shows the distribution of detached houses by size in Farndon, and where 10 ORCHID DRIVE lies on this distribution: 51% of detached houses are smaller than 10 ORCHID DRIVE, and 47% of houses are larger. Note that EPC data is not available for all properties in Farndon.

10 ORCHID DRIVE: Plot and Title Map

10 ORCHID DRIVE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 10 ORCHID DRIVE, 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 10 ORCHID DRIVE). 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 10 ORCHID DRIVE?

10 ORCHID DRIVE is located in FARNDON, in the NG24 postcode district. The below map shows the position of No. 10 on ORCHID DRIVE.