1, MARYS CLOSE, HORNCASTLE, LN9 5DL - £275,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 MARYS CLOSE is a small detached house of 91m². It was last sold for £275,000 in September 2021, which was around 12% above the average September 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2018, where the current energy rating was B, and the potential energy rating was A.

1 MARYS CLOSE Sold Prices

Land registry data shows three sales for 1 MARYS 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 MARYS CLOSE 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
2021 24 SEP	£275,000	£245,698	12% above HPI
2021 20 AUG	£264,000	£243,899	8% above HPI
2018 3 AUG	£265,000	£218,460	21% above HPI

1 MARYS 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 MARYS CLOSE sales between August 2018 and September 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 August 2021 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the September 2021 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 1 MARYS CLOSE?

1 MARYS CLOSE is 91m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 40% 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 MARYS CLOSE lies on this distribution: 38% of detached houses are smaller than 1 MARYS CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

1 MARYS CLOSE: Plot and Title Map

1 MARYS CLOSE sits on a plot of roughly 0.181 of an acre, or 734m². The below map shows the location of 1 MARYS 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 MARYS 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 MARYS CLOSE?

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