2 Orchid Drive, Farndon, Newark, NG24 3TX is a freehold detached property built between 1983-1990. The property offers approximately 1,044 square feet of living space. In this location, properties of similar size usually have three bedrooms.

The estimated current market value of the property is £336,476 , which equates to approximately £322 per square foot. It was last sold on 1 Mar 2019 for £250,000. Since then, the value has increased by £86,476, representing a 34.6% increase, or approximately 5.1% per year.

The current estimated value of £336,476 is:

  • 20.4% higher than the average property price on Orchid Drive
  • 25.5% higher than the average in the NG24 3TX postcode area
  • and 40.4% higher than the average price for Newark as a whole

Based on EPC inspection history, this property has been mostly owner-occupied (3 out of 3 inspections). This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 22 December 2016, the property was recorded as owner-occupied.

View sold house prices in NG24 3TX

Building approximate location

About Property

Type
Detached House
Built
1983-1990
Interior Size
1044 sq ft
Tenure
Freehold
Price (estimate)
£336,476
Price Per sq ft (estimate)
£322
Bedroom Count (estimate)
3 bedrooms

EPC Summary

2 Orchid Drive, Farndon, Newark, Newark And Sherwood, Nottinghamshire, NG24 3TX has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 22 Dec 2016.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 20 Dec 2016. The rating of D remains the same, but the energy efficiency score improved by 4.9%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from from main system, no cylinder thermostat to from main system, with its energy efficiency improving from average to good.
  • The roof construction or insulation changed from pitched, insulated (assumed) to pitched, 200 mm loft insulation, with no change in energy efficiency (good).
  • The lighting was updated from no low energy lighting to low energy lighting in 50% of fixed outlets, with efficiency improving from very poor to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 200 mm loft insulation
Good
Walls
Cavity wall, filled cavity
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 50% of fixed outlets
Good

Compared to NG24 3TX

9 th / 36
Price Rank
26% higher than average
14 th / 24
Size Rank
5% bigger than average
8 th / 24
Price Per Sq FT Rank
19% higher than average

Compared to other properties in NG24 3TX , this house's estimated value ranks 9th out of 36. Based on price per square foot, it ranks 8th out of 24 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 14th out of 24 properties in its postcode area.

Sale History

Today
£336,476
streetscan.co.uk estimate
+35 %
1 Mar 2019
£250,000
Leasehold
+19 %
30 Apr 2015
£210,000
Leasehold
+17.3 %
24 Apr 2012
£179,000
Leasehold
-9.1 %
27 Jul 2006
£197,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 1109 sq ft
sale price: £275,000
sale date: 27 Jan 2023
rooms: 7
size: 1130 sq ft
sale price: £250,000
sale date: 7 Feb 2020
rooms: 6
size: 946 sq ft
sale price: £205,000
sale date: 23 Aug 2019
rooms: 6
size: 1109 sq ft
sale price: £220,000
sale date: 12 Aug 2016
rooms: 6
size: 1056 sq ft
sale price: £170,000
sale date: 6 Jun 2014

Data Sources

The property at 2 Orchid Drive, Farndon, Newark, NG24 3TX appears four times in the Land Registry records, with the latest transaction recorded on 1 Mar 2019. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 22 Dec 2016. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.