FRIARS ORCHARD, NOCTON ROAD, POTTERHANWORTH, LINCOLN, LN4 2DN - £617,500

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

FRIARS ORCHARD is a very large detached house of 209m², built sometime between 1967 and 1975. It was last sold for £617,500 in February 2021, which was around 126% above the average February 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was C.

FRIARS ORCHARD Sold Prices

Land registry data shows two sales for FRIARS ORCHARD 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 FRIARS ORCHARD sales 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
2021 25 FEB	£617,500	£273,488	126% above HPI
2010 10 DEC	£335,000	£186,606	80% above HPI

FRIARS ORCHARD 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 FRIARS ORCHARD sales from December 2010 and February 2021 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 December 2010 sale was for 80% above the HPI. So the extrapolation line tracks at 80% above the HPI over time, until the February 2021 sale, where it rises to 126% above the HPI. The line then continues to track at 126% above the HPI.

How Large is FRIARS ORCHARD?

FRIARS ORCHARD is 209m² according to the EPC inspection conducted in August 2022. This puts it in the largest 20% of detached houses in Potterhanworth, based on EPC data. The below chart shows the distribution of detached houses by size in Potterhanworth, and where FRIARS ORCHARD lies on this distribution: 88% of detached houses are smaller than FRIARS ORCHARD, and 12% of houses are larger. Note that EPC data is not available for all properties in Potterhanworth.

FRIARS ORCHARD: Plot and Title Map

FRIARS ORCHARD sits on a plot of roughly 0.369 of an acre, or 1,495m². The below map shows the location of FRIARS ORCHARD, 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 FRIARS ORCHARD). 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 FRIARS ORCHARD?

FRIARS ORCHARD is located on NOCTON ROAD in POTTERHANWORTH, in the LN4 postcode district. The below map shows the position of FRIARS ORCHARD on NOCTON ROAD.