ORCHARD GRANGE, BISHOP NORTON ROAD, GLENTHAM, MARKET RASEN, LN8 2EU - £400,000

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

ORCHARD GRANGE is a very large extended detached house of 240m², built sometime between 1991 and 1995. It was last sold for £400,000 in March 2021, which was around 59% above the average March 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was July 2022, where the current energy rating was E, and the potential energy rating was D.

ORCHARD GRANGE Sold Prices

Land registry data shows two sales for ORCHARD GRANGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Both of the two ORCHARD GRANGE 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 11 MAR	£400,000	£250,795	59% above HPI
2012 5 NOV	£325,000	£172,058	89% above HPI

ORCHARD GRANGE 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 two ORCHARD GRANGE sales from November 2012 and March 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 November 2012 sale was for 89% above the HPI. So the extrapolation line tracks at 89% above the HPI over time, until the March 2021 sale, where it falls to 59% above the HPI. The line then continues to track at 59% above the HPI.

How Large is ORCHARD GRANGE?

ORCHARD GRANGE is 240m², which includes four extensions, according to the EPC inspection conducted in July 2022. This puts it in the largest 10% of detached houses in Glentham, based on EPC data. The below chart shows the distribution of detached houses by size in Glentham, and where ORCHARD GRANGE lies on this distribution: 99% of detached houses are smaller than ORCHARD GRANGE, and 1% of houses are larger. Note that EPC data is not available for all properties in Glentham.

ORCHARD GRANGE: Plot and Title Map

ORCHARD GRANGE sits on a plot of roughly 0.647 of an acre, or 2,618m². The below map shows the location of ORCHARD GRANGE, 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 ORCHARD GRANGE). 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 ORCHARD GRANGE?

ORCHARD GRANGE is located on BISHOP NORTON ROAD in GLENTHAM, in the LN8 postcode district. The below map shows the position of ORCHARD GRANGE on BISHOP NORTON ROAD.