ORCHARD VIEW, LITTLE STEEPING, SPILSBY, PE23 5BL - £270,000

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 VIEW is a large extended detached house of 180m², built sometime between 1991 and 1995. It was last sold for £270,000 in October 2017, which was around 29% above the average October 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was C.

ORCHARD VIEW Sold Prices

Land registry data shows three sales for ORCHARD VIEW 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. All of the three ORCHARD VIEW 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
2017 25 OCT	£270,000	£209,258	29% above HPI
2009 30 SEP	£230,000	£165,486	39% above HPI
2000 8 DEC	£112,500	£76,936	46% above 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 three ORCHARD VIEW sales between December 2000 and October 2017 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 September 2009 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the October 2017 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is ORCHARD VIEW?

ORCHARD VIEW is 180m², which includes two extensions, according to the EPC inspection conducted in March 2017. This puts it in the largest 30% of detached houses in Little Steeping, based on EPC data. The below chart shows the distribution of detached houses by size in Little Steeping, and where ORCHARD VIEW lies on this distribution: 78% of detached houses are smaller than ORCHARD VIEW, and 22% of houses are larger. Note that EPC data is not available for all properties in Little Steeping.

ORCHARD VIEW: Plot and Title Map

ORCHARD VIEW sits on a plot of roughly 0.279 of an acre, or 1,128m². 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 in LITTLE STEEPING, in the PE23 postcode district. The below map shows the position of ORCHARD VIEW in LITTLE STEEPING.