ORCHARD HOUSE, GRANGE LANE, NORTH KELSEY, MARKET RASEN, LN7 6EZ - £260,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

ORCHARD HOUSE is a midsized extended detached house of 142m², built sometime between 1967 and 1975, which could now be worth an estimated £337,278. It was last sold for £260,000 in November 2018, which was around 16% above the average November 2018 detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

ORCHARD HOUSE Sold Prices

Land registry data shows two sales for ORCHARD HOUSE 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 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
2018 30 NOV	£260,000	£224,413	16% above HPI
2018 12 JAN	£232,000	£222,763	4% above HPI

ORCHARD HOUSE 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 HOUSE sales from January 2018 and November 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 January 2018 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the November 2018 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might ORCHARD HOUSE be worth now?

ORCHARD HOUSE might now be worth an estimated £337,278.

This is based on house price inflation of 29.7%, between November 2018 and February 2025, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 29.7% inflationary increase is applied to the most recent sale price for ORCHARD HOUSE of £260,000 on 30th November 2018. For the value to have increased from £260,000 to £337,278 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of ORCHARD HOUSE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The November 2018 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of ORCHARD HOUSE has not materially changed since November 2018.

How Large is ORCHARD HOUSE?

ORCHARD HOUSE is 142m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the largest 50% of detached houses houses in North Kelsey, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Kelsey, and where ORCHARD HOUSE lies on this distribution: 58% of detached houses houses are smaller than ORCHARD HOUSE, and 42% of houses are larger. Note that EPC data is not available for all properties in North Kelsey.

ORCHARD HOUSE: Plot and Title Map

ORCHARD HOUSE sits on a plot of roughly 0.346 of an acre, or 1,400m². 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 GRANGE LANE in NORTH KELSEY, in the LN7 postcode district. The below map shows the position of ORCHARD HOUSE on GRANGE LANE.