THE ORCHARDS, WRAGHOLME ROAD, GRAINTHORPE, LOUTH, LN11 7JD - £430,000

THE ORCHARDS is a large detached house of 153m², built sometime between 2003 and 2006. It was last sold for £430,000 in October 2016, which was around 123% above the average October 2016 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was D.

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
2016 3 OCT	£430,000	£192,862	123% above HPI
2002 6 SEP	£135,000	£111,186	21% above HPI
1999 25 JUN	£67,000	£66,527	1% 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 June 1999 and October 2016 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 September 2002 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the October 2016 sale, where it rises to 123% above the HPI. The line then continues to track at 123% above the HPI.

How Large is THE ORCHARDS?

THE ORCHARDS is 153m² according to the EPC inspection conducted in July 2010. This puts it in the largest 30% of detached houses in Grainthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Grainthorpe, and where THE ORCHARDS lies on this distribution: 71% of detached houses are smaller than THE ORCHARDS, and 29% of houses are larger. Note that EPC data is not available for all properties in Grainthorpe.

THE ORCHARDS: Plot and Title Map

THE ORCHARDS sits on a plot of roughly 3.0 acres, or 12,100m². 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 WRAGHOLME ROAD in GRAINTHORPE, in the LN11 postcode district. The below map shows the position of THE ORCHARDS on WRAGHOLME ROAD.