THE ORCHARD, GUNBY ROAD, ORBY, SKEGNESS, PE24 5HT - £173,000

THE ORCHARD is a small detached house of 114m², built sometime between 1967 and 1975. It was last sold for £173,000 in January 2014, which was around 6% above the average January 2014 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was D.

THE ORCHARD Sold Prices

Land registry data shows two sales for THE 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 East Lindsey local authority area for the corresponding sale date. Both of the two THE 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
2014 29 JAN	£173,000	£163,981	6% above HPI
2002 18 DEC	£142,000	£117,463	21% above HPI

THE ORCHARD 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 two THE ORCHARD sales from December 2002 and January 2014 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 2002 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the January 2014 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is THE ORCHARD?

THE ORCHARD is 114m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 40% 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 ORCHARD lies on this distribution: 35% of detached houses are smaller than THE ORCHARD, and 65% of houses are larger. Note that EPC data is not available for all properties in Orby.

THE ORCHARD: Plot and Title Map

THE ORCHARD sits on a plot of roughly 0.266 of an acre, or 1,075m². The below map shows the location of THE 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 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 ORCHARD?

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