7, ORCHARD CLOSE, SUTTON BONINGTON, LOUGHBOROUGH, LE12 5NF - £185,000

7 ORCHARD CLOSE is a very small extended detached house of 66m², built sometime between 1967 and 1975. It was last sold for £185,000 in August 2016, which was around 45% below the average August 2016 detached price in the Rushcliffe local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

7 ORCHARD CLOSE Sold Prices

Land registry data shows two sales for 7 ORCHARD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. Both of the two 7 ORCHARD CLOSE 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
2016 18 AUG	£185,000	£339,378	45% below HPI
1997 17 SEP	£55,500	£102,333	46% below HPI

7 ORCHARD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The two 7 ORCHARD CLOSE sales from September 1997 and August 2016 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 September 1997 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the August 2016 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 7 ORCHARD CLOSE?

7 ORCHARD CLOSE is 66m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the smallest 10% of detached houses in Sutton Bonington, based on EPC data. The below chart shows the distribution of detached houses by size in Sutton Bonington, and where 7 ORCHARD CLOSE lies on this distribution: 3% of detached houses are smaller than 7 ORCHARD CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Sutton Bonington.

7 ORCHARD CLOSE: Plot and Title Map

7 ORCHARD CLOSE sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 7 ORCHARD CLOSE, 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 7 ORCHARD CLOSE). 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 7 ORCHARD CLOSE?

7 ORCHARD CLOSE is located in SUTTON BONINGTON, in the LE12 postcode district. The below map shows the position of No. 7 on ORCHARD CLOSE.