34, THE ORCHARD, BELPER, DE56 1DF - £161,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

34 THE ORCHARD is a very small semi-detached house of 54m², built sometime between 1967 and 1975, which could now be worth an estimated £281,353. It was last sold for £161,500 in April 2015, which was around 26% above the average April 2015 semi-detached price in the Amber Valley local authority area. The most recent EPC inspection was October 2014, where the current energy rating was E, and the potential energy rating was B.

34 THE ORCHARD Sold Prices

Land registry data shows three sales for 34 THE ORCHARD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Amber Valley local authority area for the corresponding sale date. Two of the three 34 THE ORCHARD sales were for above the average price, whilst one was 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
2015 13 APR	£161,500	£128,039	26% above HPI
2014 9 OCT	£117,500	£128,213	8% below HPI
2004 21 DEC	£119,950	£114,651	5% above HPI

34 THE ORCHARD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Amber Valley local authority area over time, sourced from the HPI. The three 34 THE ORCHARD sales between December 2004 and April 2015 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 2014 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the April 2015 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 34 THE ORCHARD be worth now?

34 THE ORCHARD might now be worth an estimated £281,353.

This is based on house price inflation of 74.2%, between April 2015 and May 2026, for semi-detached houses, in the Amber Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 74.2% inflationary increase is applied to the most recent sale price for 34 THE ORCHARD of £161,500 on 13th April 2015. For the value to have increased from £161,500 to £281,353 over the ten years and eleven months to May 2026, the following assumptions must hold true:

• The value of 34 THE ORCHARD has moved in line with the HPI for semi-detached houses in the Amber Valley local authority area.
• The April 2015 sale price of £161,500 represented a fair market value for the property.
• The size, condition, and specification of 34 THE ORCHARD has not materially changed since April 2015.

How Large is 34 THE ORCHARD?

34 THE ORCHARD is 54m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 10% of semi-detached houses houses in Belper, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Belper, and where 34 THE ORCHARD lies on this distribution: 1% of semi-detached houses houses are smaller than 34 THE ORCHARD, and 98% of houses are larger. Note that EPC data is not available for all properties in Belper.

34 THE ORCHARD: Plot and Title Map

34 THE ORCHARD sits on a plot of roughly 0.108 of an acre, or 439m². The below map shows the location of 34 THE ORCHARD, 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 34 THE ORCHARD). 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 34 THE ORCHARD?

34 THE ORCHARD is located in BELPER, in the DE56 postcode district. The below map shows the position of No. 34 on THE ORCHARD.