THE ORCHARDS, MAIN ROAD, UTTERBY, LOUTH, LN11 0TQ - £350,000

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

THE ORCHARDS is a very large extended detached house of 232m², built sometime before 1900. It was last sold for £350,000 in October 2013, which was around 106% above the average October 2013 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2011, where the current energy rating was E, and the potential energy rating was E.

THE ORCHARDS Sold Prices

Land registry data shows two sales for THE ORCHARDS 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 THE ORCHARDS 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
2013 18 OCT	£350,000	£170,169	106% above HPI
1997 24 JAN	£114,000	£56,779	101% above HPI

THE ORCHARDS 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 THE ORCHARDS sales from January 1997 and October 2013 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 January 1997 sale was for 101% above the HPI. So the extrapolation line tracks at 101% above the HPI over time, until the October 2013 sale, where it rises to 106% above the HPI. The line then continues to track at 106% above the HPI.

How Large is THE ORCHARDS?

THE ORCHARDS is 232m², which includes three extensions, according to the EPC inspection conducted in June 2011. This puts it in the largest 20% of detached houses in Utterby, based on EPC data. The below chart shows the distribution of detached houses by size in Utterby, and where THE ORCHARDS lies on this distribution: 90% of detached houses are smaller than THE ORCHARDS, and 10% of houses are larger. Note that EPC data is not available for all properties in Utterby.

THE ORCHARDS: Plot and Title Map

THE ORCHARDS sits on a plot of roughly 5.5 acres, or 22,259m². The below map shows the location of THE ORCHARDS, 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 THE ORCHARDS). 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 THE ORCHARDS?

THE ORCHARDS is located on MAIN ROAD in UTTERBY, in the LN11 postcode district. The below map shows the position of THE ORCHARDS on MAIN ROAD.