9, ORCHARD WAY, NETTLEHAM, LINCOLN, LN2 2SR - £230,000

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

9 ORCHARD WAY is a small extended detached house of 88m², built sometime between 1967 and 1975. It was last sold for £230,000 in November 2017, which was around 7% above the average November 2017 detached price in the West Lindsey local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

9 ORCHARD WAY Sold Prices

Land registry data shows three sales for 9 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 West Lindsey local authority area for the corresponding sale date. One of the three 9 ORCHARD WAY sales was for above the average price, whilst two 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
2017 15 NOV	£230,000	£215,405	7% above HPI
2005 7 MAR	£162,000	£168,187	4% below HPI
1999 3 MAR	£64,000	£64,531	1% below HPI

9 ORCHARD WAY 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 three 9 ORCHARD WAY sales between March 1999 and November 2017 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 2005 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the November 2017 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 9 ORCHARD WAY?

9 ORCHARD WAY is 88m², which includes one extension, according to the EPC inspection conducted in January 2017. This puts it in the smallest 30% of detached houses in Nettleham, based on EPC data. The below chart shows the distribution of detached houses by size in Nettleham, and where 9 ORCHARD WAY lies on this distribution: 23% of detached houses are smaller than 9 ORCHARD WAY, and 76% of houses are larger. Note that EPC data is not available for all properties in Nettleham.

9 ORCHARD WAY: Plot and Title Map

9 ORCHARD WAY sits on a plot of roughly 0.113 of an acre, or 458m². The below map shows the location of 9 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 9 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 9 ORCHARD WAY?

9 ORCHARD WAY is located in NETTLEHAM, in the LN2 postcode district. The below map shows the position of No. 9 on ORCHARD WAY.