THE ORCHARD, GREEN LANE, CHURCHDOWN, GLOUCESTER, GL3 2LB - £375,000

THE ORCHARD is a very large extended detached house of 163m², built sometime between 1950 and 1966. It was last sold for £375,000 in July 2015, which was around 9% above the average July 2015 detached price in the Tewkesbury local authority area. The most recent EPC inspection was January 2015, where the current energy rating was C, and the potential energy rating was B.

THE ORCHARD Sold Prices

Land registry data shows three sales for THE 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 Tewkesbury local authority area for the corresponding sale date. Two of the three 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 3 JUL	£375,000	£343,058	9% above HPI
2004 18 OCT	£315,000	£291,642	8% above HPI
2002 23 JUL	£86,400	£207,372	58% below HPI

THE ORCHARD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tewkesbury local authority area over time, sourced from the HPI. The three THE ORCHARD sales between July 2002 and July 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 2004 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the July 2015 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is THE ORCHARD?

THE ORCHARD is 163m², which includes three extensions, according to the EPC inspection conducted in January 2015. This puts it in the largest 20% of detached houses in Churchdown, based on EPC data. The below chart shows the distribution of detached houses by size in Churchdown, and where THE ORCHARD lies on this distribution: 81% of detached houses are smaller than THE ORCHARD, and 19% of houses are larger. Note that EPC data is not available for all properties in Churchdown.

THE ORCHARD: Plot and Title Map

THE ORCHARD sits on a plot of roughly 0.183 of an acre, or 743m². The below map shows the location of 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 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 THE ORCHARD?

THE ORCHARD is located on GREEN LANE in CHURCHDOWN, in the GL3 postcode district. The below map shows the position of THE ORCHARD on GREEN LANE.