OLD ORCHARD, CHAPEL LANE, SHOTESHAM ALL SAINTS, NORWICH, NR15 1YP - £567,500

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.

OLD ORCHARD is a very large extended detached house of 236m², built sometime between 1976 and 1982, which could now be worth an estimated £813,357. It was last sold for £567,500 in September 2015, which was around 92% above the average September 2015 detached price in the South Norfolk local authority area. The most recent EPC inspection was January 2015, where the current energy rating was E, and the potential energy rating was C.

OLD ORCHARD Sold Prices

Land registry data shows three sales for OLD ORCHARD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the three OLD ORCHARD 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
2015 14 SEP	£567,500	£295,809	92% above HPI
2012 30 OCT	£485,000	£248,440	95% above HPI
2006 21 NOV	£370,000	£248,849	49% above HPI

OLD ORCHARD Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The three OLD ORCHARD sales between November 2006 and September 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 2012 sale was for 95% above the HPI. So the extrapolation line tracks at 95% above the HPI over time, until the September 2015 sale, where it falls to 92% above the HPI. The line then continues to track at 92% above the HPI.

What might OLD ORCHARD be worth now?

OLD ORCHARD might now be worth an estimated £813,357.

This is based on house price inflation of 43.3%, between September 2015 and June 2025, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 43.3% inflationary increase is applied to the most recent sale price for OLD ORCHARD of £567,500 on 14th September 2015. For the value to have increased from £567,500 to £813,357 over the ten years and three months to June 2025, the following assumptions must hold true:

• The value of OLD ORCHARD has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The September 2015 sale price of £567,500 represented a fair market value for the property.
• The size, condition, and specification of OLD ORCHARD has not materially changed since September 2015.

How Large is OLD ORCHARD?

OLD ORCHARD is 236m², which includes two extensions, according to the EPC inspection conducted in January 2015. This puts it in the largest 20% of detached houses houses in Shotesham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shotesham, and where OLD ORCHARD lies on this distribution: 85% of detached houses houses are smaller than OLD ORCHARD, and 15% of houses are larger. Note that EPC data is not available for all properties in Shotesham.

OLD ORCHARD: Plot and Title Map

OLD ORCHARD sits on a plot of roughly 0.370 of an acre, or 1,496m². The below map shows the location of OLD 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 OLD 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 OLD ORCHARD?

OLD ORCHARD is located on CHAPEL LANE in SHOTESHAM ALL SAINTS, in the NR15 postcode district. The below map shows the position of OLD ORCHARD on CHAPEL LANE.