1, ORCHARD COURT, JAMESON BRIDGE STREET, MARKET RASEN, LN8 3HF - £197,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 ORCHARD COURT is a small extended detached house of 97m², built sometime between 1983 and 1990. It was last sold for £197,000 in April 2018, which was around 10% below the average April 2018 detached price in the West Lindsey local authority area. The most recent EPC inspection was April 2009, where the current energy rating was C, and the potential energy rating was C.

1 ORCHARD COURT Sold Prices

Land registry data shows four sales for 1 ORCHARD COURT since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the four 1 ORCHARD COURT 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
2018 25 APR	£197,000	£218,449	10% below HPI
2011 9 DEC	£169,000	£175,698	4% below HPI
2002 31 MAY	£59,950	£97,620	39% below HPI
1998 6 JAN	£55,000	£67,362	18% below HPI

1 ORCHARD COURT Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The four 1 ORCHARD COURT sales between January 1998 and April 2018 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 2011 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the April 2018 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 1 ORCHARD COURT?

1 ORCHARD COURT is 97m², which includes one extension, according to the EPC inspection conducted in April 2009. This puts it in the smallest 40% of detached houses in Market Rasen, based on EPC data. The below chart shows the distribution of detached houses by size in Market Rasen, and where 1 ORCHARD COURT lies on this distribution: 36% of detached houses are smaller than 1 ORCHARD COURT, and 64% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

1 ORCHARD COURT: Plot and Title Map

1 ORCHARD COURT sits on a plot of roughly 0.131 of an acre, or 530m². The below map shows the location of 1 ORCHARD COURT, 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 1 ORCHARD COURT). 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 1 ORCHARD COURT?

1 ORCHARD COURT is located on JAMESON BRIDGE STREET in MARKET RASEN, in the LN8 postcode district. The below map shows the position of 1 ORCHARD COURT on JAMESON BRIDGE STREET.