1, ORCHARD WAY, NETTLEHAM, LINCOLN, LN2 2SR - £234,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 ORCHARD WAY is a very small detached house of 67m², built sometime between 1967 and 1975. It was last sold for £234,000 in April 2021, which was around 7% below the average April 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

1 ORCHARD WAY Sold Prices

Land registry data shows three sales for 1 ORCHARD WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the three 1 ORCHARD WAY 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
2021 26 APR	£234,000	£252,116	7% below HPI
2017 18 MAY	£204,950	£212,769	4% below HPI
2007 26 JUN	£139,000	£185,874	25% below HPI

1 ORCHARD WAY 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 three 1 ORCHARD WAY sales between June 2007 and April 2021 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 2017 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the April 2021 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 1 ORCHARD WAY?

1 ORCHARD WAY is 67m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 10% of detached houses in Nettleham, based on EPC data. The below chart shows the distribution of detached houses by size in Nettleham, and where 1 ORCHARD WAY lies on this distribution: 2% of detached houses are smaller than 1 ORCHARD WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Nettleham.

1 ORCHARD WAY: Plot and Title Map

1 ORCHARD WAY sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 1 ORCHARD WAY, 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 WAY). 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 WAY?

1 ORCHARD WAY is located in NETTLEHAM, in the LN2 postcode district. The below map shows the position of No. 1 on ORCHARD WAY.