32, ORCHID ROAD, LINCOLN, LN5 9XD - £217,000

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

32 ORCHID ROAD is a midsized detached house of 95m², built sometime between 1991 and 1995. It was last sold for £217,000 in June 2016, which was about the average June 2016 detached price in the Lincoln local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

32 ORCHID ROAD Sold Prices

Land registry data shows two sales for 32 ORCHID ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. One of the two 32 ORCHID ROAD sales was roughly equal to the average price, whilst the other was 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
2016 27 JUN	£217,000	£216,245	Close to HPI
2000 5 DEC	£78,950	£79,775	1% below HPI

32 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 two 32 ORCHID ROAD sales from December 2000 and June 2016 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 December 2000 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the June 2016 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 32 ORCHID ROAD?

32 ORCHID ROAD is 95m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 50% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 32 ORCHID ROAD lies on this distribution: 43% of detached houses are smaller than 32 ORCHID ROAD, and 56% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

32 ORCHID ROAD: Plot and Title Map

32 ORCHID ROAD sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 32 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 32 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 32 ORCHID ROAD?

32 ORCHID ROAD is located in LINCOLN, in the LN5 postcode district. The below map shows the position of No. 32 on ORCHID ROAD.