2, ORCHARD CLOSE, BILLINGHAY, LINCOLN, LN4 4FJ - £175,000

2 ORCHARD CLOSE is a large detached house of 123m², built sometime between 2003 and 2006. It was last sold for £175,000 in July 2013, which was around 6% below the average July 2013 detached price in the North Kesteven local authority area. The most recent EPC inspection was April 2012, where the current energy rating was C, and the potential energy rating was B.

2 ORCHARD CLOSE Sold Prices

Land registry data shows two sales for 2 ORCHARD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. One of the two 2 ORCHARD CLOSE sales was for below the average price, whilst the other was 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 16 JUL	£175,000	£185,849	6% below HPI
2005 27 MAY	£187,950	£178,881	5% above HPI

2 ORCHARD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The two 2 ORCHARD CLOSE sales from May 2005 and July 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 May 2005 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the July 2013 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 2 ORCHARD CLOSE?

2 ORCHARD CLOSE is 123m² according to the EPC inspection conducted in April 2012. This puts it in the largest 40% of detached houses in Billinghay, based on EPC data. The below chart shows the distribution of detached houses by size in Billinghay, and where 2 ORCHARD CLOSE lies on this distribution: 66% of detached houses are smaller than 2 ORCHARD CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Billinghay.

2 ORCHARD CLOSE: Plot and Title Map

2 ORCHARD CLOSE sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 2 ORCHARD CLOSE, 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 2 ORCHARD CLOSE). 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 2 ORCHARD CLOSE?

2 ORCHARD CLOSE is located in BILLINGHAY, in the LN4 postcode district. The below map shows the position of No. 2 on ORCHARD CLOSE.