THE ORCHARD, PLOUGH LANE, LOWDHAM, NOTTINGHAM, NG14 7AT - £412,500

THE ORCHARD is a large extended detached house of 157m², built sometime between 1950 and 1966. It was last sold for £412,500 in January 2020, which was around 53% above the average January 2020 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was October 2019, 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 Newark and Sherwood local authority area for the corresponding sale date. All of the three THE 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
2020 24 JAN	£412,500	£268,877	53% above HPI
2008 18 APR	£275,000	£214,234	28% above HPI
1997 27 OCT	£144,500	£79,464	82% above HPI

THE ORCHARD 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 three THE ORCHARD sales between October 1997 and January 2020 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 2008 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the January 2020 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.

How Large is THE ORCHARD?

THE ORCHARD is 157m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the largest 30% of detached houses in Lowdham, based on EPC data. The below chart shows the distribution of detached houses by size in Lowdham, and where THE ORCHARD lies on this distribution: 76% of detached houses are smaller than THE ORCHARD, and 24% of houses are larger. Note that EPC data is not available for all properties in Lowdham.

THE ORCHARD: Plot and Title Map

THE ORCHARD sits on a plot of roughly 0.154 of an acre, or 623m². 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 PLOUGH LANE in LOWDHAM, in the NG14 postcode district. The below map shows the position of THE ORCHARD on PLOUGH LANE.