15, ORCHARD CLOSE, LOUTH, LN11 0BS - £145,000

15 ORCHARD CLOSE is a very small detached house of 76m², built sometime between 1976 and 1982. It was last sold for £145,000 in June 2014, which was around 17% below the average June 2014 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was B.

15 ORCHARD CLOSE Sold Prices

Land registry data shows two sales for 15 ORCHARD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two 15 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
2014 6 JUN	£145,000	£174,182	17% below HPI
2005 23 DEC	£115,000	£170,868	33% below HPI

15 ORCHARD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The two 15 ORCHARD CLOSE sales from December 2005 and June 2014 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 2005 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the June 2014 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 15 ORCHARD CLOSE?

15 ORCHARD CLOSE is 76m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 20% of detached houses in Louth, based on EPC data. The below chart shows the distribution of detached houses by size in Louth, and where 15 ORCHARD CLOSE lies on this distribution: 14% of detached houses are smaller than 15 ORCHARD CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Louth.

15 ORCHARD CLOSE: Plot and Title Map

15 ORCHARD CLOSE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 15 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 15 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 15 ORCHARD CLOSE?

15 ORCHARD CLOSE is located in LOUTH, in the LN11 postcode district. The below map shows the position of No. 15 on ORCHARD CLOSE.