THE MEADOWS, BURGH ROAD, ORBY, SKEGNESS, PE24 5HR - £135,000

THE MEADOWS is a very small detached house of 73m², built sometime between 1967 and 1975. It was last sold for £135,000 in July 2009, which was around 17% below the average July 2009 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2009, where the current energy rating was F, and the potential energy rating was D.

THE MEADOWS Sold Prices

Land registry data shows three sales for THE MEADOWS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the three THE MEADOWS 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
2009 28 JUL	£135,000	£162,181	17% below HPI
2007 27 JUL	£160,000	£190,636	16% below HPI
1996 3 MAY	£49,500	£55,273	10% below HPI

THE MEADOWS 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 three THE MEADOWS sales between May 1996 and July 2009 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 2007 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2009 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is THE MEADOWS?

THE MEADOWS is 73m² according to the EPC inspection conducted in March 2009. This puts it in the smallest 10% of detached houses in Orby, based on EPC data. The below chart shows the distribution of detached houses by size in Orby, and where THE MEADOWS lies on this distribution: 3% of detached houses are smaller than THE MEADOWS, and 97% of houses are larger. Note that EPC data is not available for all properties in Orby.

THE MEADOWS: Plot and Title Map

THE MEADOWS sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of THE MEADOWS, 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 MEADOWS). 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 MEADOWS?

THE MEADOWS is located on BURGH ROAD in ORBY, in the PE24 postcode district. The below map shows the position of THE MEADOWS on BURGH ROAD.