55, ORCHARD CLOSE, GREAT HALE, SLEAFORD, NG34 9JB - £147,500

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

55 ORCHARD CLOSE is a midsized extended detached house of 100m², built sometime between 2003 and 2006. It was last sold for £147,500 in March 2016, which was around 32% below the average March 2016 detached price in the North Kesteven local authority area. The most recent EPC inspection was January 2016, where the current energy rating was C, and the potential energy rating was B.

55 ORCHARD CLOSE Sold Prices

Land registry data shows two sales for 55 ORCHARD 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 North Kesteven local authority area for the corresponding sale date. Both of the two 55 ORCHARD 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
2016 30 MAR	£147,500	£216,837	32% below HPI
2007 23 APR	£153,000	£193,419	21% below HPI

55 ORCHARD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The two 55 ORCHARD CLOSE sales from April 2007 and March 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 April 2007 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the March 2016 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 55 ORCHARD CLOSE?

55 ORCHARD CLOSE is 100m², which includes one extension, according to the EPC inspection conducted in January 2016. This puts it in the smallest 50% of detached houses in Great Hale, based on EPC data. The below chart shows the distribution of detached houses by size in Great Hale, and where 55 ORCHARD CLOSE lies on this distribution: 44% of detached houses are smaller than 55 ORCHARD CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Great Hale.

55 ORCHARD CLOSE: Plot and Title Map

55 ORCHARD CLOSE sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 55 ORCHARD 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 55 ORCHARD 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 55 ORCHARD CLOSE?

55 ORCHARD CLOSE is located in GREAT HALE, in the NG34 postcode district. The below map shows the position of No. 55 on ORCHARD CLOSE.