2, ORCHARD CLOSE, MABLETHORPE, LN12 1JN - £225,000

2 ORCHARD CLOSE is a small detached house of 62m², built sometime between 1983 and 1990. It was last sold for £225,000 in May 2022, which was around 17% below the average May 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was B.

2 ORCHARD CLOSE Sold Prices

Land registry data shows three sales for 2 ORCHARD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the three 2 ORCHARD CLOSE sales were 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
2022 12 MAY	£225,000	£270,417	17% below HPI
2019 12 JUL	£164,950	£216,879	24% below HPI
2002 22 MAR	£71,000	£93,311	24% below HPI

2 ORCHARD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The three 2 ORCHARD CLOSE sales between March 2002 and May 2022 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 July 2019 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2022 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 2 ORCHARD CLOSE?

2 ORCHARD CLOSE is 62m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 30% of detached houses in Mablethorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Mablethorpe, and where 2 ORCHARD CLOSE lies on this distribution: 22% of detached houses are smaller than 2 ORCHARD CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

2 ORCHARD CLOSE: Plot and Title Map

2 ORCHARD CLOSE sits on a plot of roughly 0.086 of an acre, or 346m². The below map shows the location of 2 ORCHARD CLOSE, 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 2 ORCHARD CLOSE). 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 2 ORCHARD CLOSE?

2 ORCHARD CLOSE is located in MABLETHORPE, in the LN12 postcode district. The below map shows the position of No. 2 on ORCHARD CLOSE.