5, ORFORD CLOSE, BROOKENBY, MARKET RASEN, LN8 6FA - £175,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 ORFORD CLOSE is a very small detached house of 59m². It was last sold for £175,000 in September 2021, which was around 31% below the average September 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was B.

5 ORFORD CLOSE Sold Prices

Land registry data shows two sales for 5 ORFORD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Both of the two 5 ORFORD CLOSE 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
2021 7 SEP	£175,000	£252,547	31% below HPI
2015 27 FEB	£99,950	£186,306	46% below HPI

5 ORFORD CLOSE 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 two 5 ORFORD CLOSE sales from February 2015 and September 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 February 2015 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the September 2021 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 5 ORFORD CLOSE?

5 ORFORD CLOSE is 59m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 10% of detached houses in Brookenby, based on EPC data. The below chart shows the distribution of detached houses by size in Brookenby, and where 5 ORFORD CLOSE lies on this distribution: 3% of detached houses are smaller than 5 ORFORD CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Brookenby.

5 ORFORD CLOSE: Plot and Title Map

5 ORFORD CLOSE sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 5 ORFORD CLOSE, 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 5 ORFORD CLOSE). 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 5 ORFORD CLOSE?

5 ORFORD CLOSE is located in BROOKENBY, in the LN8 postcode district. The below map shows the position of No. 5 on ORFORD CLOSE.