ORCHARD HOUSE, CHAPEL LANE, GRANBY, NOTTINGHAM, NG13 9PW - £440,000

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.

ORCHARD HOUSE is a large extended detached house of 181m², built sometime between 1967 and 1975, which could now be worth an estimated £542,840. It was last sold for £440,000 in June 2021, which was around 7% above the average June 2021 detached price in the Rushcliffe local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.

ORCHARD HOUSE Sold Prices

Land registry data shows two sales for ORCHARD HOUSE 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. One of the two ORCHARD HOUSE sales was for above the average price, whilst the other 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
2021 8 JUN	£440,000	£410,315	7% above HPI
1997 23 JAN	£60,000	£95,135	37% below HPI

ORCHARD HOUSE 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 ORCHARD HOUSE sales from January 1997 and June 2021 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 January 1997 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the June 2021 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might ORCHARD HOUSE be worth now?

ORCHARD HOUSE might now be worth an estimated £542,840.

This is based on house price inflation of 23.4%, between June 2021 and March 2025, for detached houses, in the Rushcliffe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.4% inflationary increase is applied to the most recent sale price for ORCHARD HOUSE of £440,000 on 8th June 2021. For the value to have increased from £440,000 to £542,840 over the four years and three months to March 2025, the following assumptions must hold true:

• The value of ORCHARD HOUSE has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The June 2021 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of ORCHARD HOUSE has not materially changed since June 2021.

How Large is ORCHARD HOUSE?

ORCHARD HOUSE is 181m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the largest 30% of detached houses houses in Granby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Granby, and where ORCHARD HOUSE lies on this distribution: 75% of detached houses houses are smaller than ORCHARD HOUSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Granby.

ORCHARD HOUSE: Plot and Title Map

ORCHARD HOUSE sits on a plot of roughly 0.134 of an acre, or 542m². The below map shows the location of ORCHARD HOUSE, 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 ORCHARD HOUSE). 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 ORCHARD HOUSE?

ORCHARD HOUSE is located on CHAPEL LANE in GRANBY, in the NG13 postcode district. The below map shows the position of ORCHARD HOUSE on CHAPEL LANE.