24, ORCHARD WAY, NETTLEHAM, LINCOLN, LN2 2SR - £271,750

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

24 ORCHARD WAY is a very small detached house of 78m², built sometime between 1967 and 1975. It was last sold for £271,750 in June 2021, which was around 5% above the average June 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was February 2021, where the current energy rating was D, and the potential energy rating was B.

24 ORCHARD WAY Sold Prices

Land registry data shows three sales for 24 ORCHARD WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. One of the three 24 ORCHARD WAY sales was for above the average price, whilst two 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
2021 30 JUN	£271,750	£258,781	5% above HPI
2018 15 JUN	£205,000	£221,675	8% below HPI
1995 30 NOV	£53,000	£58,323	9% below HPI

24 ORCHARD WAY 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 three 24 ORCHARD WAY sales between November 1995 and June 2021 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 2018 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the June 2021 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 24 ORCHARD WAY?

24 ORCHARD WAY is 78m² according to the EPC inspection conducted in February 2021. This puts it in the smallest 20% of detached houses in Nettleham, based on EPC data. The below chart shows the distribution of detached houses by size in Nettleham, and where 24 ORCHARD WAY lies on this distribution: 14% of detached houses are smaller than 24 ORCHARD WAY, and 85% of houses are larger. Note that EPC data is not available for all properties in Nettleham.

24 ORCHARD WAY: Plot and Title Map

24 ORCHARD WAY sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 24 ORCHARD WAY, 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 24 ORCHARD WAY). 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 24 ORCHARD WAY?

24 ORCHARD WAY is located in NETTLEHAM, in the LN2 postcode district. The below map shows the position of No. 24 on ORCHARD WAY.