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

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 large extended detached house of 237m², built sometime between 1996 and 2002, which could now be worth an estimated £511,929. It was last sold for £510,000 in November 2022, which was around 76% 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	£290,017	76% above HPI
2011 29 MAR	£320,000	£175,580	82% 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 82% above the HPI. So the extrapolation line tracks at 82% above the HPI over time, until the November 2022 sale, where it falls to 76% above the HPI. The line then continues to track at 76% above the HPI.

What might ORCHARD HOUSE be worth now?

ORCHARD HOUSE might now be worth an estimated £511,929.

This is based on house price inflation of 0.4%, between November 2022 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 0.4% inflationary increase is applied to the most recent sale price for ORCHARD HOUSE of £510,000 on 25th November 2022. For the value to have increased from £510,000 to £511,929 over the three 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 2022 sale price of £510,000 represented a fair market value for the property.
• The size, condition, and specification of ORCHARD HOUSE has not materially changed since November 2022.

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 houses in Bishop Norton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bishop Norton, and where ORCHARD HOUSE lies on this distribution: 74% of detached houses 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.