4, 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

4 ORCHID ROAD is a small detached house of 77m², built sometime between 1996 and 2002. It was last sold for £150,000 in March 2014, which was around 23% below the average March 2014 detached price in the Lincoln local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

4 ORCHID ROAD Sold Prices

Land registry data shows five sales for 4 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 4 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
2014 21 MAR	£150,000	£194,729	23% below HPI
2007 18 MAY	£137,000	£189,855	28% below HPI
2006 18 DEC	£116,000	£184,937	37% below HPI
2000 14 JAN	£67,000	£71,854	7% below HPI
1995 15 MAY	£58,196	£58,816	1% below HPI

4 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 4 ORCHID ROAD sales between May 1995 and March 2014 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 2007 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the March 2014 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 4 ORCHID ROAD?

4 ORCHID ROAD is 77m² according to the EPC inspection conducted in July 2013. 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 4 ORCHID ROAD lies on this distribution: 22% of detached houses are smaller than 4 ORCHID ROAD, and 77% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

4 ORCHID ROAD: Plot and Title Map

4 ORCHID ROAD sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 4 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 4 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 4 ORCHID ROAD?

4 ORCHID ROAD is located in LINCOLN, in the LN5 postcode district. The below map shows the position of No. 4 on ORCHID ROAD.