7, ORCHID ROAD, LINCOLN, LN5 9XD - £168,000

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

7 ORCHID ROAD is a small detached house of 80m², built sometime between 1996 and 2002. It was last sold for £168,000 in November 2012, which was around 7% below the average November 2012 detached price in the Lincoln local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was B.

7 ORCHID ROAD Sold Prices

Land registry data shows two sales for 7 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. Both of the two 7 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
2012 23 NOV	£168,000	£180,006	7% below HPI
1999 18 JUN	£65,500	£70,349	7% below HPI

7 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 7 ORCHID ROAD sales from June 1999 and November 2012 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 June 1999 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the November 2012 sale, which was also at 7% below the HPI.

How Large is 7 ORCHID ROAD?

7 ORCHID ROAD is 80m² according to the EPC inspection conducted in August 2012. 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 7 ORCHID ROAD lies on this distribution: 25% of detached houses are smaller than 7 ORCHID ROAD, and 74% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

7 ORCHID ROAD: Plot and Title Map

7 ORCHID ROAD sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 7 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 7 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 7 ORCHID ROAD?

7 ORCHID ROAD is located in LINCOLN, in the LN5 postcode district. The below map shows the position of No. 7 on ORCHID ROAD.