12, ORCHID ROAD, LINCOLN, LN5 9XD - £280,000

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

12 ORCHID ROAD is a midsized detached house of 101m², built sometime between 1996 and 2002. It was last sold for £280,000 in December 2021, which was around 4% below the average December 2021 detached price in the Lincoln local authority area. The most recent EPC inspection was November 2013, where the current energy rating was C, and the potential energy rating was B.

12 ORCHID ROAD Sold Prices

Land registry data shows five sales for 12 ORCHID ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. Most of the five 12 ORCHID ROAD 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
2021 14 DEC	£280,000	£290,437	4% below HPI
2014 21 FEB	£173,000	£191,370	10% below HPI
2004 18 JUN	£185,000	£169,751	9% above HPI
2002 29 APR	£121,950	£100,913	21% above HPI
1996 1 MAR	£68,600	£62,828	9% above HPI

12 ORCHID ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lincoln local authority area over time, sourced from the HPI. The five 12 ORCHID ROAD sales between March 1996 and December 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 February 2014 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the December 2021 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 12 ORCHID ROAD?

12 ORCHID ROAD is 101m² according to the EPC inspection conducted in November 2013. This puts it in the largest 50% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 12 ORCHID ROAD lies on this distribution: 51% of detached houses are smaller than 12 ORCHID ROAD, and 48% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

12 ORCHID ROAD: Plot and Title Map

12 ORCHID ROAD sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 12 ORCHID ROAD, 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 ORCHID ROAD). 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 ORCHID ROAD?

12 ORCHID ROAD is located in LINCOLN, in the LN5 postcode district. The below map shows the position of No. 12 on ORCHID ROAD.