15, ORCHARD WAY, NETTLEHAM, LINCOLN, LN2 2SR - £222,000

15 ORCHARD WAY is a very small extended detached house of 60m², built sometime between 1976 and 1982. It was last sold for £222,000 in August 2019, which was about the average August 2019 detached price in the West Lindsey local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

15 ORCHARD WAY Sold Prices

Land registry data shows three sales for 15 ORCHARD WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. The three 15 ORCHARD WAY sales were a mix of roughly equal to the average price, and 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
2019 20 AUG	£222,000	£221,167	Close to HPI
2008 24 JAN	£155,000	£198,231	22% below HPI
2002 8 MAR	£85,000	£98,976	14% below HPI

15 ORCHARD WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The three 15 ORCHARD WAY sales between March 2002 and August 2019 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 2008 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the August 2019 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 15 ORCHARD WAY?

15 ORCHARD WAY is 60m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the smallest 10% of detached houses in Nettleham, based on EPC data. The below chart shows the distribution of detached houses by size in Nettleham, and where 15 ORCHARD WAY lies on this distribution: Less than 1% of detached houses are smaller than 15 ORCHARD WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Nettleham.

15 ORCHARD WAY: Plot and Title Map

15 ORCHARD WAY sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 15 ORCHARD WAY, 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 15 ORCHARD WAY). 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 15 ORCHARD WAY?

15 ORCHARD WAY is located in NETTLEHAM, in the LN2 postcode district. The below map shows the position of No. 15 on ORCHARD WAY.