23, ORCHID ROAD, LINCOLN, LN5 9XD - £188,000

23 ORCHID ROAD is a very small extended detached house of 75m², built sometime between 1996 and 2002. It was last sold for £188,000 in March 2021, which was around 29% below the average March 2021 detached price in the Lincoln local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

23 ORCHID ROAD Sold Prices

Land registry data shows four sales for 23 ORCHID ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. All of the four 23 ORCHID ROAD sales were for 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
2021 24 MAR	£188,000	£263,492	29% below HPI
2015 17 DEC	£172,000	£217,157	21% below HPI
2005 15 DEC	£139,000	£177,641	22% below HPI
1999 23 JUN	£62,500	£70,349	11% below HPI

23 ORCHID ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lincoln local authority area over time, sourced from the HPI. The four 23 ORCHID ROAD sales between June 1999 and March 2021 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 December 2015 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the March 2021 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 23 ORCHID ROAD?

23 ORCHID ROAD is 75m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the smallest 20% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 23 ORCHID ROAD lies on this distribution: 19% of detached houses are smaller than 23 ORCHID ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

23 ORCHID ROAD: Plot and Title Map

23 ORCHID ROAD sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 23 ORCHID ROAD, 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 23 ORCHID ROAD). 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 23 ORCHID ROAD?

23 ORCHID ROAD is located in LINCOLN, in the LN5 postcode district. The below map shows the position of No. 23 on ORCHID ROAD.