6, ORCHARD WAY, COWBIT, SPALDING, PE12 6XA - £124,995

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

6 ORCHARD WAY is a midsized extended detached house of 117m², built sometime between 1996 and 2002. It was last sold for £124,995 in February 2003, which was around 4% below the average February 2003 detached price in the South Holland local authority area. The most recent EPC inspection was January 2021, where the current energy rating was C, and the potential energy rating was B.

6 ORCHARD WAY Sold Prices

Land registry data shows three sales for 6 ORCHARD WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. One of the three 6 ORCHARD WAY sales was for below the average price, whilst two were for above 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
2003 12 FEB	£124,995	£129,552	4% below HPI
2000 28 APR	£84,000	£77,464	8% above HPI
1995 23 JAN	£62,995	£53,009	19% above HPI

6 ORCHARD WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Holland local authority area over time, sourced from the HPI. The three 6 ORCHARD WAY sales between January 1995 and February 2003 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 2000 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the February 2003 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 6 ORCHARD WAY?

6 ORCHARD WAY is 117m², which includes one extension, according to the EPC inspection conducted in January 2021. This puts it in the smallest 50% of detached houses in Cowbit, based on EPC data. The below chart shows the distribution of detached houses by size in Cowbit, and where 6 ORCHARD WAY lies on this distribution: 46% of detached houses are smaller than 6 ORCHARD WAY, and 54% of houses are larger. Note that EPC data is not available for all properties in Cowbit.

6 ORCHARD WAY: Plot and Title Map

6 ORCHARD WAY sits on a plot of roughly 0.113 of an acre, or 456m². The below map shows the location of 6 ORCHARD WAY, 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 6 ORCHARD WAY). 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 6 ORCHARD WAY?

6 ORCHARD WAY is located in COWBIT, in the PE12 postcode district. The below map shows the position of No. 6 on ORCHARD WAY.