THE OLD POST OFFICE, BILLINGBOROUGH ROAD, HORBLING, SLEAFORD, NG34 0PB - £375,000

THE OLD POST OFFICE is a midsized extended detached house of 147m², built sometime before 1900. It was last sold for £375,000 in August 2020, which was around 22% above the average August 2020 detached price in the South Kesteven local authority area. The most recent EPC inspection was June 2019, where the current energy rating was E, and the potential energy rating was B.

THE OLD POST OFFICE Sold Prices

Land registry data shows two sales for THE OLD POST OFFICE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Both of the two THE OLD POST OFFICE 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
2020 20 AUG	£375,000	£306,658	22% above HPI
2007 9 AUG	£272,000	£240,864	13% above HPI

THE OLD POST OFFICE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The two THE OLD POST OFFICE sales from August 2007 and August 2020 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 August 2007 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the August 2020 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is THE OLD POST OFFICE?

THE OLD POST OFFICE is 147m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the largest 50% of detached houses in Horbling, based on EPC data. The below chart shows the distribution of detached houses by size in Horbling, and where THE OLD POST OFFICE lies on this distribution: 50% of detached houses are smaller than THE OLD POST OFFICE, and 48% of houses are larger. Note that EPC data is not available for all properties in Horbling.

THE OLD POST OFFICE: Plot and Title Map

THE OLD POST OFFICE sits on a plot of roughly 0.135 of an acre, or 548m². The below map shows the location of THE OLD POST OFFICE, 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 POST OFFICE). 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 POST OFFICE?

THE OLD POST OFFICE is located on BILLINGBOROUGH ROAD in HORBLING, in the NG34 postcode district. The below map shows the position of THE OLD POST OFFICE on BILLINGBOROUGH ROAD.