ORCHARD VIEW, LANGHAM ROAD, HOGSTHORPE, SKEGNESS, PE24 5QD - £212,500

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 VIEW is a very large detached house of 186m², built sometime between 1983 and 1990. It was last sold for £212,500 in May 2024, which was around 24% below the average May 2024 detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was C.

ORCHARD VIEW Sold Prices

Land registry data shows two sales for ORCHARD VIEW since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two ORCHARD VIEW sales were 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
2024 31 MAY	£212,500	£280,166	24% below HPI
2002 20 DEC	£40,000	£117,463	66% below HPI

ORCHARD VIEW 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 two ORCHARD VIEW sales from December 2002 and May 2024 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 December 2002 sale was for 66% below the HPI. So the extrapolation line tracks at 66% below the HPI over time, until the May 2024 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is ORCHARD VIEW?

ORCHARD VIEW is 186m² according to the EPC inspection conducted in April 2024. This puts it in the largest 10% of detached houses in Hogsthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Hogsthorpe, and where ORCHARD VIEW lies on this distribution: 97% of detached houses are smaller than ORCHARD VIEW, and 3% of houses are larger. Note that EPC data is not available for all properties in Hogsthorpe.

ORCHARD VIEW: Plot and Title Map

ORCHARD VIEW sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of ORCHARD VIEW, 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 VIEW). 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 VIEW?

ORCHARD VIEW is located on LANGHAM ROAD in HOGSTHORPE, in the PE24 postcode district. The below map shows the position of ORCHARD VIEW on LANGHAM ROAD.