16, ORCHARD CLOSE, CHERRY WILLINGHAM, LINCOLN, LN3 4BA - £195,000

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

16 ORCHARD CLOSE is a large detached house of 128m², built sometime between 1983 and 1990. It was last sold for £195,000 in February 2018, which was around 10% below the average February 2018 detached price in the West Lindsey local authority area. The most recent EPC inspection was August 2017, where the current energy rating was C, and the potential energy rating was B.

16 ORCHARD CLOSE Sold Prices

Land registry data shows two sales for 16 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 West Lindsey local authority area for the corresponding sale date. One of the two 16 ORCHARD CLOSE sales was for below the average price, whilst the other was 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
2018 15 FEB	£195,000	£216,492	10% below HPI
1995 15 JUN	£75,000	£62,896	19% above HPI

16 ORCHARD CLOSE 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 two 16 ORCHARD CLOSE sales from June 1995 and February 2018 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 June 1995 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the February 2018 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 16 ORCHARD CLOSE?

16 ORCHARD CLOSE is 128m² according to the EPC inspection conducted in August 2017. This puts it in the largest 20% of detached houses in Cherry Willingham, based on EPC data. The below chart shows the distribution of detached houses by size in Cherry Willingham, and where 16 ORCHARD CLOSE lies on this distribution: 79% of detached houses are smaller than 16 ORCHARD CLOSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Cherry Willingham.

16 ORCHARD CLOSE: Plot and Title Map

16 ORCHARD CLOSE sits on a plot of roughly 0.190 of an acre, or 770m². The below map shows the location of 16 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 16 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 16 ORCHARD CLOSE?

16 ORCHARD CLOSE is located in CHERRY WILLINGHAM, in the LN3 postcode district. The below map shows the position of No. 16 on ORCHARD CLOSE.