23A, ORCHARD PARK, GRIMOLDBY, LOUTH, LN11 8TN - £153,000

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

23A ORCHARD PARK is a very small extended detached house of 72m², built sometime between 1983 and 1990. It was last sold for £153,000 in December 2017, which was around 27% below the average December 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2015, where the current energy rating was E, and the potential energy rating was B.

23A ORCHARD PARK Sold Prices

Land registry data shows two sales for 23A ORCHARD PARK 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 23A ORCHARD PARK 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
2017 21 DEC	£153,000	£208,598	27% below HPI
2016 20 MAY	£125,000	£191,921	35% below HPI

23A ORCHARD PARK 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 23A ORCHARD PARK sales from May 2016 and December 2017 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 2016 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the December 2017 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 23A ORCHARD PARK?

23A ORCHARD PARK is 72m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the smallest 10% of detached houses in Grimoldby, based on EPC data. The below chart shows the distribution of detached houses by size in Grimoldby, and where 23A ORCHARD PARK lies on this distribution: 6% of detached houses are smaller than 23A ORCHARD PARK, and 93% of houses are larger. Note that EPC data is not available for all properties in Grimoldby.

23A ORCHARD PARK: Plot and Title Map

23A ORCHARD PARK sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 23A ORCHARD PARK, 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 23A ORCHARD PARK). 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 23A ORCHARD PARK?

23A ORCHARD PARK is located in GRIMOLDBY, in the LN11 postcode district. The below map shows the position of No. 23A on ORCHARD PARK.