35, ORCHID DRIVE, FARNDON, NEWARK, NG24 3TX - £170,000

35 ORCHID DRIVE is a midsized detached house of 98m², built sometime between 1991 and 1995. It was last sold for £170,000 in June 2014, which was around 23% below the average June 2014 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was January 2009, where the current energy rating was D, and the potential energy rating was C.

35 ORCHID DRIVE Sold Prices

Land registry data shows four sales for 35 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 35 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
2014 6 JUN	£170,000	£220,265	23% below HPI
2009 1 APR	£160,000	£191,594	16% below HPI
2000 16 AUG	£79,950	£98,569	19% below HPI
1997 18 APR	£59,995	£75,653	21% below HPI

35 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 35 ORCHID DRIVE sales between April 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 April 2009 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2014 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 35 ORCHID DRIVE?

35 ORCHID DRIVE is 98m² according to the EPC inspection conducted in January 2009. This puts it in the smallest 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 35 ORCHID DRIVE lies on this distribution: 45% of detached houses are smaller than 35 ORCHID DRIVE, and 55% of houses are larger. Note that EPC data is not available for all properties in Farndon.

35 ORCHID DRIVE: Plot and Title Map

35 ORCHID DRIVE sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 35 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 35 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 35 ORCHID DRIVE?

35 ORCHID DRIVE is located in FARNDON, in the NG24 postcode district. The below map shows the position of No. 35 on ORCHID DRIVE.