THE OLD ORCHARD, SHIREGATE, METHERINGHAM, LINCOLN, LN4 3DR - £387,000

THE OLD ORCHARD is a very large detached house of 194m², built sometime between 1976 and 1982. It was last sold for £387,000 in August 2023, which was around 25% above the average August 2023 detached price in the North Kesteven local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

THE OLD ORCHARD Sold Prices

Land registry data shows two sales for THE OLD ORCHARD 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. Both of the two THE OLD ORCHARD sales were 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
2023 18 AUG	£387,000	£309,264	25% above HPI
2018 11 MAY	£285,000	£245,174	16% above HPI

THE OLD ORCHARD 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 THE OLD ORCHARD sales from May 2018 and August 2023 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 2018 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the August 2023 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is THE OLD ORCHARD?

THE OLD ORCHARD is 194m² according to the EPC inspection conducted in January 2023. This puts it in the largest 10% of detached houses in Metheringham, based on EPC data. The below chart shows the distribution of detached houses by size in Metheringham, and where THE OLD ORCHARD lies on this distribution: 99% of detached houses are smaller than THE OLD ORCHARD, and 1% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

THE OLD ORCHARD: Plot and Title Map

THE OLD ORCHARD sits on a plot of roughly 0.097 of an acre, or 394m². The below map shows the location of THE OLD ORCHARD, 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 OLD ORCHARD). 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 OLD ORCHARD?

THE OLD ORCHARD is located on SHIREGATE in METHERINGHAM, in the LN4 postcode district. The below map shows the position of THE OLD ORCHARD on SHIREGATE.