1, COWLING CLOSE, HORNCASTLE, LN9 6QY - £172,000

Based on the November 2024 Price Paid Data (released on 2nd January 2025), the October 2024 House Price Index (released on 18th December 2024), and the October 2024 Energy Performance of Buildings Data (released on 28th November 2024). Sources

1 COWLING CLOSE is a very small detached house of 67m². It was last sold for £172,000 in June 2021, which was around 28% below the average June 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was A.

1 COWLING CLOSE Sold Prices

Land registry data shows three sales for 1 COWLING CLOSE 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 1 COWLING CLOSE 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
2021 28 JUN	£172,000	£238,466	28% below HPI
2018 11 JAN	£146,000	£209,687	30% below HPI
2014 21 NOV	£143,500	£177,608	19% below HPI

1 COWLING CLOSE 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 1 COWLING CLOSE sales between November 2014 and June 2021 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 January 2018 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the June 2021 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 1 COWLING CLOSE?

1 COWLING CLOSE is 67m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 20% of detached houses in Horncastle, based on EPC data. The below chart shows the distribution of detached houses by size in Horncastle, and where 1 COWLING CLOSE lies on this distribution: 13% of detached houses are smaller than 1 COWLING CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

1 COWLING CLOSE: Plot and Title Map

1 COWLING CLOSE sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 1 COWLING CLOSE, 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 1 COWLING CLOSE). 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 1 COWLING CLOSE?

1 COWLING CLOSE is located in HORNCASTLE, in the LN9 postcode district. The below map shows the position of No. 1 on COWLING CLOSE.