ORCHARD COTTAGE, MILL LANE, TETFORD, HORNCASTLE, LN9 6PZ - £135,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

ORCHARD COTTAGE is a very small extended semi-detached house of 52m², built sometime before 1900, which could now be worth an estimated £202,826. It was last sold for £135,000 in March 2016, which was around 8% above the average March 2016 semi-detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2016, where the current energy rating was E, and the potential energy rating was B.

ORCHARD COTTAGE Sold Prices

Land registry data shows three sales for ORCHARD COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the East Lindsey local authority area for the corresponding sale date. One of the three ORCHARD COTTAGE sales was for above the average price, whilst two 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
2016 23 MAR	£135,000	£124,589	8% above HPI
2005 29 JUL	£110,000	£114,355	4% below HPI
1998 1 MAY	£20,000	£39,123	49% below HPI

ORCHARD COTTAGE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Lindsey local authority area over time, sourced from the HPI. The three ORCHARD COTTAGE sales between May 1998 and March 2016 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 July 2005 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the March 2016 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might ORCHARD COTTAGE be worth now?

ORCHARD COTTAGE might now be worth an estimated £202,826.

This is based on house price inflation of 50.2%, between March 2016 and August 2025, for semi-detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 50.2% inflationary increase is applied to the most recent sale price for ORCHARD COTTAGE of £135,000 on 23rd March 2016. For the value to have increased from £135,000 to £202,826 over the eight years and seven months to August 2025, the following assumptions must hold true:

• The value of ORCHARD COTTAGE has moved in line with the HPI for semi-detached houses in the East Lindsey local authority area.
• The March 2016 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of ORCHARD COTTAGE has not materially changed since March 2016.

How Large is ORCHARD COTTAGE?

ORCHARD COTTAGE is 52m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the smallest 10% of semi-detached houses houses in Tetford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Tetford, and where ORCHARD COTTAGE lies on this distribution: 1% of semi-detached houses houses are smaller than ORCHARD COTTAGE, and 99% of houses are larger. Note that EPC data is not available for all properties in Tetford.

ORCHARD COTTAGE: Plot and Title Map

ORCHARD COTTAGE sits on a plot of roughly 0.090 of an acre, or 366m². The below map shows the location of ORCHARD COTTAGE, 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 ORCHARD COTTAGE). 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 ORCHARD COTTAGE?

ORCHARD COTTAGE is located on MILL LANE in TETFORD, in the LN9 postcode district. The below map shows the position of ORCHARD COTTAGE on MILL LANE.