ORCHARD HOUSE, CHAPEL LANE, SIBSEY, BOSTON, PE22 0SN - £345,000

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

ORCHARD HOUSE is a very large extended detached house of 159m², built sometime between 1976 and 1982. It was last sold for £345,000 in May 2020, which was around 58% above the average May 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was C.

ORCHARD HOUSE Sold Prices

Land registry data shows three sales for ORCHARD HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the three ORCHARD HOUSE 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
2020 15 MAY	£345,000	£218,298	58% above HPI
2012 18 MAY	£276,000	£163,459	69% above HPI
1998 22 OCT	£76,000	£64,551	18% above HPI

ORCHARD HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The three ORCHARD HOUSE sales between October 1998 and May 2020 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 May 2012 sale was for 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the May 2020 sale, where it falls to 58% above the HPI. The line then continues to track at 58% above the HPI.

How Large is ORCHARD HOUSE?

ORCHARD HOUSE is 159m², which includes two extensions, according to the EPC inspection conducted in May 2018. This puts it in the largest 20% of detached houses in Sibsey, based on EPC data. The below chart shows the distribution of detached houses by size in Sibsey, and where ORCHARD HOUSE lies on this distribution: 85% of detached houses are smaller than ORCHARD HOUSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Sibsey.

ORCHARD HOUSE: Plot and Title Map

ORCHARD HOUSE sits on a plot of roughly 0.230 of an acre, or 932m². The below map shows the location of ORCHARD HOUSE, 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 HOUSE). 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 HOUSE?

ORCHARD HOUSE is located on CHAPEL LANE in SIBSEY, in the PE22 postcode district. The below map shows the position of ORCHARD HOUSE on CHAPEL LANE.