ORCHID LODGE, STRATFORD ROAD, MABLETHORPE, LN12 1EX - £430,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

ORCHID LODGE is a very large detached house of 245m², built sometime between 1996 and 2002. It was last sold for £430,000 in May 2022, which was around 59% above the average May 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was C.

ORCHID LODGE Sold Prices

Land registry data shows two sales for ORCHID LODGE 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 ORCHID LODGE 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
2022 18 MAY	£430,000	£269,782	59% above HPI
2017 26 SEP	£330,000	£210,398	57% above HPI

ORCHID 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 two ORCHID LODGE sales from September 2017 and May 2022 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 2017 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the May 2022 sale, where it rises to 59% above the HPI. The line then continues to track at 59% above the HPI.

How Large is ORCHID LODGE?

ORCHID LODGE is 245m² according to the EPC inspection conducted in August 2021. This puts it in the largest 10% of detached houses in Mablethorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Mablethorpe, and where ORCHID LODGE lies on this distribution: 99% of detached houses are smaller than ORCHID LODGE, and 1% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

ORCHID LODGE: Plot and Title Map

ORCHID LODGE sits on a plot of roughly 0.357 of an acre, or 1,447m². The below map shows the location of ORCHID 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 ORCHID 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 ORCHID LODGE?

ORCHID LODGE is located on STRATFORD ROAD in MABLETHORPE, in the LN12 postcode district. The below map shows the position of ORCHID LODGE on STRATFORD ROAD.