ORCHARD LODGE, PUMP LANE, SALTFLEET, LOUTH, LN11 7RL - £247,000

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 LODGE is a large detached house of 133m², built sometime between 2003 and 2006, which could now be worth an estimated £336,210. It was last sold for £247,000 in March 2018, which was around 17% above the average March 2018 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was C.

ORCHARD LODGE Sold Prices

Land registry data shows three sales for ORCHARD LODGE 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. Two of the three ORCHARD LODGE sales were for above the average price, whilst one was for below 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 23 MAR	£247,000	£210,298	17% above HPI
2007 30 JUL	£225,000	£193,413	16% above HPI
2005 22 JUL	£162,500	£170,272	5% below HPI

ORCHARD LODGE 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 LODGE sales between July 2005 and March 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 July 2007 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the March 2018 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might ORCHARD LODGE be worth now?

ORCHARD LODGE might now be worth an estimated £336,210.

This is based on house price inflation of 36.1%, between March 2018 and February 2025, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 36.1% inflationary increase is applied to the most recent sale price for ORCHARD LODGE of £247,000 on 23rd March 2018. For the value to have increased from £247,000 to £336,210 over the seven years and one month to February 2025, the following assumptions must hold true:

• The value of ORCHARD LODGE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The March 2018 sale price of £247,000 represented a fair market value for the property.
• The size, condition, and specification of ORCHARD LODGE has not materially changed since March 2018.

How Large is ORCHARD LODGE?

ORCHARD LODGE is 133m² according to the EPC inspection conducted in February 2016. This puts it in the largest 30% of detached houses houses in Saltfleet, based on EPC data. The below chart shows the distribution of detached houses houses by size in Saltfleet, and where ORCHARD LODGE lies on this distribution: 76% of detached houses houses are smaller than ORCHARD LODGE, and 22% of houses are larger. Note that EPC data is not available for all properties in Saltfleet.

ORCHARD LODGE: Plot and Title Map

ORCHARD LODGE sits on a plot of roughly 0.142 of an acre, or 575m². The below map shows the location of ORCHARD LODGE, 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 LODGE). 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 LODGE?

ORCHARD LODGE is located on PUMP LANE in SALTFLEET, in the LN11 postcode district. The below map shows the position of ORCHARD LODGE on PUMP LANE.