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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). 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	£277,820	24% below HPI
2002 20 DEC	£40,000	£119,174	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.

What might ORCHARD VIEW be worth now?

ORCHARD VIEW might now be worth an estimated £217,909.

This is based on house price inflation of 2.5%, between May 2024 and December 2024, 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 2.5% inflationary increase is applied to the most recent sale price for ORCHARD VIEW of £212,500 on 31st May 2024. For the value to have increased from £212,500 to £217,909 over the five months to December 2024, the following assumptions must hold true:

• The value of ORCHARD VIEW has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The May 2024 sale price of £212,500 represented a fair market value for the property.
• The size, condition, and specification of ORCHARD VIEW has not materially changed since May 2024.

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 houses in Hogsthorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hogsthorpe, and where ORCHARD VIEW lies on this distribution: 97% of detached houses 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.