THE ORCHARDS, THORNEY ROAD, NEWBOROUGH, PETERBOROUGH, PE6 7QP - £308,000

THE ORCHARDS is a very large detached house of 207m², built sometime between 1996 and 2002. It was last sold for £308,000 in February 2010, which was around 50% above the average February 2010 detached price in the City of Peterborough local authority area. The most recent EPC inspection was October 2008, where the current energy rating was C, and the potential energy rating was C.

THE ORCHARDS Sold Prices

Land registry data shows four sales for THE ORCHARDS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the City of Peterborough local authority area for the corresponding sale date. Most of the four THE ORCHARDS 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
2010 26 FEB	£308,000	£205,239	50% above HPI
2003 19 DEC	£289,000	£187,123	54% above HPI
2002 30 APR	£284,000	£134,689	111% above HPI
1999 17 SEP	£50,000	£87,566	43% below HPI

THE ORCHARDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Peterborough local authority area over time, sourced from the HPI. The four THE ORCHARDS sales between September 1999 and February 2010 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 December 2003 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the February 2010 sale, where it falls to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is THE ORCHARDS?

THE ORCHARDS is 207m² according to the EPC inspection conducted in October 2008. This puts it in the largest 10% of detached houses in Newborough, based on EPC data. The below chart shows the distribution of detached houses by size in Newborough, and where THE ORCHARDS lies on this distribution: 99% of detached houses are smaller than THE ORCHARDS, and 1% of houses are larger. Note that EPC data is not available for all properties in Newborough.

THE ORCHARDS: Plot and Title Map

THE ORCHARDS sits on a plot of roughly 0.204 of an acre, or 827m². The below map shows the location of THE ORCHARDS, 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 ORCHARDS). 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 ORCHARDS?

THE ORCHARDS is located on THORNEY ROAD in NEWBOROUGH, in the PE6 postcode district. The below map shows the position of THE ORCHARDS on THORNEY ROAD.