THE ORCHARDS, NORTHWAY, FULSTOW, LOUTH, LN11 0XH - £275,000

THE ORCHARDS is a small extended detached house of 134m², built sometime between 1950 and 1966. It was last sold for £275,000 in November 2020, which was around 20% above the average November 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2018, where the current energy rating was E, and the potential energy rating was B.

THE ORCHARDS Sold Prices

Land registry data shows three sales for THE ORCHARDS 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 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
2020 23 NOV	£275,000	£229,635	20% above HPI
2019 30 MAY	£250,000	£216,678	15% above HPI
2003 5 NOV	£151,000	£139,417	8% above HPI

THE ORCHARDS 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 THE ORCHARDS sales between November 2003 and November 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 May 2019 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the November 2020 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is THE ORCHARDS?

THE ORCHARDS is 134m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the smallest 40% of detached houses in Fulstow, based on EPC data. The below chart shows the distribution of detached houses by size in Fulstow, and where THE ORCHARDS lies on this distribution: 37% of detached houses are smaller than THE ORCHARDS, and 61% of houses are larger. Note that EPC data is not available for all properties in Fulstow.

THE ORCHARDS: Plot and Title Map

THE ORCHARDS sits on a plot of roughly 0.209 of an acre, or 845m². 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 NORTHWAY in FULSTOW, in the LN11 postcode district. The below map shows the position of THE ORCHARDS on NORTHWAY.