12, THE ORCHARD, MARKET DEEPING, PETERBOROUGH, PE6 8JS - £175,000

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 THE ORCHARD is a very small detached house of 79m², built sometime between 1967 and 1975. It was last sold for £175,000 in August 2015, which was around 30% below the average August 2015 detached price in the South Kesteven local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

12 THE ORCHARD Sold Prices

Land registry data shows two sales for 12 THE ORCHARD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Both of the two 12 THE ORCHARD 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
2015 28 AUG	£175,000	£251,797	30% below HPI
2014 16 MAY	£158,500	£226,638	30% below HPI

12 THE ORCHARD Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The two 12 THE ORCHARD sales from May 2014 and August 2015 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 2014 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the August 2015 sale, which was also at 30% below the HPI.

How Large is 12 THE ORCHARD?

12 THE ORCHARD is 79m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 20% of detached houses in Market Deeping, based on EPC data. The below chart shows the distribution of detached houses by size in Market Deeping, and where 12 THE ORCHARD lies on this distribution: 12% of detached houses are smaller than 12 THE ORCHARD, and 88% of houses are larger. Note that EPC data is not available for all properties in Market Deeping.

12 THE ORCHARD: Plot and Title Map

12 THE ORCHARD sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 12 THE ORCHARD, 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 THE ORCHARD). 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 THE ORCHARD?

12 THE ORCHARD is located in MARKET DEEPING, in the PE6 postcode district. The below map shows the position of No. 12 on THE ORCHARD.