ORCHARD HOUSE, MAIN STREET, BISHOP NORTON, MARKET RASEN, LN8 2BE - £510,000

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 HOUSE is a large extended detached house of 237m², built sometime between 1996 and 2002. It was last sold for £510,000 in November 2022, which was around 78% above the average November 2022 detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was C.

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
2022 25 NOV	£510,000	£285,856	78% above HPI
2011 29 MAR	£320,000	£173,061	85% 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 March 2011 and November 2022 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 2011 sale was for 85% above the HPI. So the extrapolation line tracks at 85% above the HPI over time, until the November 2022 sale, where it falls to 78% above the HPI. The line then continues to track at 78% above the HPI.

How Large is ORCHARD HOUSE?

ORCHARD HOUSE is 237m², which includes two extensions, according to the EPC inspection conducted in September 2018. This puts it in the largest 30% of detached houses in Bishop Norton, based on EPC data. The below chart shows the distribution of detached houses by size in Bishop Norton, and where ORCHARD HOUSE lies on this distribution: 74% of detached houses are smaller than ORCHARD HOUSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Bishop Norton.

ORCHARD HOUSE: Plot and Title Map

ORCHARD HOUSE sits on a plot of roughly 234.5 acres, or 949,045m². 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 MAIN STREET in BISHOP NORTON, in the LN8 postcode district. The below map shows the position of ORCHARD HOUSE on MAIN STREET.