12, ORCHARD CLOSE, BILLINGHAY, LINCOLN, LN4 4FJ - £221,000

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

12 ORCHARD CLOSE is a midsized detached house of 116m², built sometime between 2003 and 2006. It was last sold for £221,000 in May 2019, which was around 12% below the average May 2019 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2010, where the current energy rating was C, and the potential energy rating was C.

12 ORCHARD CLOSE Sold Prices

Land registry data shows three sales for 12 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 North Kesteven local authority area for the corresponding sale date. All of the three 12 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
2019 31 MAY	£221,000	£250,696	12% below HPI
2015 12 OCT	£185,000	£211,922	13% below HPI
2006 30 NOV	£172,187	£188,124	8% below HPI

12 ORCHARD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The three 12 ORCHARD CLOSE sales between November 2006 and May 2019 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 October 2015 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the May 2019 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 12 ORCHARD CLOSE?

12 ORCHARD CLOSE is 116m² according to the EPC inspection conducted in May 2010. This puts it in the largest 50% of detached houses in Billinghay, based on EPC data. The below chart shows the distribution of detached houses by size in Billinghay, and where 12 ORCHARD CLOSE lies on this distribution: 58% of detached houses are smaller than 12 ORCHARD CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Billinghay.

12 ORCHARD CLOSE: Plot and Title Map

12 ORCHARD CLOSE sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 12 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 12 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 12 ORCHARD CLOSE?

12 ORCHARD CLOSE is located in BILLINGHAY, in the LN4 postcode district. The below map shows the position of No. 12 on ORCHARD CLOSE.