28, ORCHID DRIVE, FARNDON, NEWARK, NG24 3TX - £225,000

28 ORCHID DRIVE is a large detached house of 118m², built sometime between 1991 and 1995. It was last sold for £225,000 in June 2014, which was around 2% above the average June 2014 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

28 ORCHID DRIVE Sold Prices

Land registry data shows two sales for 28 ORCHID DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. Both of the two 28 ORCHID DRIVE 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
2014 20 JUN	£225,000	£220,265	2% above HPI
1997 28 FEB	£88,000	£74,021	19% above HPI

28 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 two 28 ORCHID DRIVE sales from February 1997 and June 2014 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 February 1997 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the June 2014 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 28 ORCHID DRIVE?

28 ORCHID DRIVE is 118m² according to the EPC inspection conducted in February 2015. This puts it in the largest 40% of detached houses in Farndon, based on EPC data. The below chart shows the distribution of detached houses by size in Farndon, and where 28 ORCHID DRIVE lies on this distribution: 66% of detached houses are smaller than 28 ORCHID DRIVE, and 33% of houses are larger. Note that EPC data is not available for all properties in Farndon.

28 ORCHID DRIVE: Plot and Title Map

28 ORCHID DRIVE sits on a plot of roughly 0.182 of an acre, or 735m². The below map shows the location of 28 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 28 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 28 ORCHID DRIVE?

28 ORCHID DRIVE is located in FARNDON, in the NG24 postcode district. The below map shows the position of No. 28 on ORCHID DRIVE.