8, ORCHARD CLOSE, BILLINGHAY, LINCOLN, LN4 4FJ - £235,000

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

8 ORCHARD CLOSE is a large detached house of 134m², built sometime between 1983 and 1990. It was last sold for £235,000 in September 2018, which was around 7% below the average September 2018 detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.

8 ORCHARD CLOSE Sold Prices

Land registry data shows four sales for 8 ORCHARD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Most of the four 8 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
2018 28 SEP	£235,000	£253,027	7% below HPI
2018 1 MAR	£230,000	£238,220	3% below HPI
2007 10 JAN	£180,000	£189,078	5% below HPI
2005 1 JUL	£185,950	£179,501	4% above HPI

8 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 four 8 ORCHARD CLOSE sales between July 2005 and September 2018 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 March 2018 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the September 2018 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 8 ORCHARD CLOSE?

8 ORCHARD CLOSE is 134m² according to the EPC inspection conducted in March 2022. This puts it in the largest 30% of detached houses in Billinghay, based on EPC data. The below chart shows the distribution of detached houses by size in Billinghay, and where 8 ORCHARD CLOSE lies on this distribution: 75% of detached houses are smaller than 8 ORCHARD CLOSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Billinghay.

8 ORCHARD CLOSE: Plot and Title Map

8 ORCHARD CLOSE sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 8 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 8 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 8 ORCHARD CLOSE?

8 ORCHARD CLOSE is located in BILLINGHAY, in the LN4 postcode district. The below map shows the position of No. 8 on ORCHARD CLOSE.