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

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 LODGE is a large detached house of 133m², built sometime between 2003 and 2006. It was last sold for £247,000 in March 2018, which was around 19% 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	£207,278	19% above HPI
2007 30 JUL	£225,000	£190,636	18% above HPI
2005 22 JUL	£162,500	£167,827	3% 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 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the March 2018 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

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 in Saltfleet, based on EPC data. The below chart shows the distribution of detached houses by size in Saltfleet, and where ORCHARD LODGE lies on this distribution: 74% of detached houses are smaller than ORCHARD LODGE, and 23% 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.