18, ORCHARD CLOSE, GREAT HALE, SLEAFORD, NG34 9JB - £268,500

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

18 ORCHARD CLOSE is a very large detached house of 162m², built sometime between 1996 and 2002. It was last sold for £268,500 in March 2018, which was around 13% above the average March 2018 detached price in the North Kesteven local authority area. The most recent EPC inspection was January 2016, where the current energy rating was C, and the potential energy rating was B.

18 ORCHARD CLOSE Sold Prices

Land registry data shows four sales for 18 ORCHARD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the four 18 ORCHARD CLOSE 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
2018 27 MAR	£268,500	£238,220	13% above HPI
2016 16 FEB	£235,000	£216,943	8% above HPI
2007 17 SEP	£219,950	£204,191	8% above HPI
2003 25 SEP	£185,000	£148,143	25% above HPI

18 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 four 18 ORCHARD CLOSE sales between September 2003 and March 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 February 2016 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the March 2018 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 18 ORCHARD CLOSE?

18 ORCHARD CLOSE is 162m² according to the EPC inspection conducted in January 2016. This puts it in the largest 20% of detached houses in Great Hale, based on EPC data. The below chart shows the distribution of detached houses by size in Great Hale, and where 18 ORCHARD CLOSE lies on this distribution: 87% of detached houses are smaller than 18 ORCHARD CLOSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Great Hale.

18 ORCHARD CLOSE: Plot and Title Map

18 ORCHARD CLOSE sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 18 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 18 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 18 ORCHARD CLOSE?

18 ORCHARD CLOSE is located in GREAT HALE, in the NG34 postcode district. The below map shows the position of No. 18 on ORCHARD CLOSE.