2, THE ORCHARDS, ALLESTREE, DERBY, DE22 2PU - £300,000

2 THE ORCHARDS is a large extended detached house of 118m², built sometime between 1950 and 1966. It was last sold for £300,000 in April 2017, which was around 30% above the average April 2017 detached price in the City of Derby local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was C.

2 THE ORCHARDS Sold Prices

Land registry data shows two sales for 2 THE ORCHARDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. Both of the two 2 THE ORCHARDS 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
2017 11 APR	£300,000	£230,171	30% above HPI
2006 23 AUG	£299,950	£195,092	54% above HPI

2 THE ORCHARDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Derby local authority area over time, sourced from the HPI. The two 2 THE ORCHARDS sales from August 2006 and April 2017 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 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the April 2017 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 2 THE ORCHARDS?

2 THE ORCHARDS is 118m², which includes two extensions, according to the EPC inspection conducted in May 2016. This puts it in the largest 40% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 2 THE ORCHARDS lies on this distribution: 62% of detached houses are smaller than 2 THE ORCHARDS, and 37% of houses are larger. Note that EPC data is not available for all properties in Derby.

2 THE ORCHARDS: Plot and Title Map

2 THE ORCHARDS sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 2 THE ORCHARDS, 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 2 THE ORCHARDS). 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 2 THE ORCHARDS?

2 THE ORCHARDS is located in ALLESTREE, in the DE22 postcode district. The below map shows the position of No. 2 on THE ORCHARDS.