31, ORCHID DRIVE, FARNDON, NEWARK, NG24 3TX - £218,000

31 ORCHID DRIVE is a midsized extended detached house of 106m², built sometime between 1983 and 1990. It was last sold for £218,000 in November 2013, which was around 7% above the average November 2013 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

31 ORCHID DRIVE Sold Prices

Land registry data shows two sales for 31 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 31 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
2013 11 NOV	£218,000	£203,347	7% above HPI
2001 22 OCT	£130,000	£111,058	17% above HPI

31 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 31 ORCHID DRIVE sales from October 2001 and November 2013 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 October 2001 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the November 2013 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 31 ORCHID DRIVE?

31 ORCHID DRIVE is 106m², which includes one extension, according to the EPC inspection conducted in July 2013. 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 31 ORCHID DRIVE lies on this distribution: 55% of detached houses are smaller than 31 ORCHID DRIVE, and 44% of houses are larger. Note that EPC data is not available for all properties in Farndon.

31 ORCHID DRIVE: Plot and Title Map

31 ORCHID DRIVE sits on a plot of roughly 0.168 of an acre, or 679m². The below map shows the location of 31 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 31 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 31 ORCHID DRIVE?

31 ORCHID DRIVE is located in FARNDON, in the NG24 postcode district. The below map shows the position of No. 31 on ORCHID DRIVE.