29, ORCHID ROAD, LINCOLN, LN5 9XD - £150,000

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

29 ORCHID ROAD is a small extended detached house of 77m², built sometime between 1996 and 2002. It was last sold for £150,000 in March 2012, which was around 16% below the average March 2012 detached price in the Lincoln local authority area. The most recent EPC inspection was January 2024, where the current energy rating was D, and the potential energy rating was B.

29 ORCHID ROAD Sold Prices

Land registry data shows five sales for 29 ORCHID ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. All of the five 29 ORCHID ROAD 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
2012 30 MAR	£150,000	£177,691	16% below HPI
2007 8 JUN	£145,500	£194,204	25% below HPI
2005 8 JUL	£146,495	£175,281	16% below HPI
2004 6 FEB	£135,000	£158,771	15% below HPI
1998 6 MAR	£58,950	£64,353	8% below HPI

29 ORCHID ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lincoln local authority area over time, sourced from the HPI. The five 29 ORCHID ROAD sales between March 1998 and March 2012 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 2007 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the March 2012 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 29 ORCHID ROAD?

29 ORCHID ROAD is 77m², which includes one extension, according to the EPC inspection conducted in January 2024. This puts it in the smallest 30% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 29 ORCHID ROAD lies on this distribution: 22% of detached houses are smaller than 29 ORCHID ROAD, and 77% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

29 ORCHID ROAD: Plot and Title Map

29 ORCHID ROAD sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 29 ORCHID ROAD, 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 29 ORCHID ROAD). 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 29 ORCHID ROAD?

29 ORCHID ROAD is located in LINCOLN, in the LN5 postcode district. The below map shows the position of No. 29 on ORCHID ROAD.