1, WILLOW CLOSE, HORNCASTLE, LN9 5BH - £200,000

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 WILLOW CLOSE is a large extended detached house of 115m², built sometime between 1967 and 1975. It was last sold for £200,000 in December 2017, which was around 4% below the average December 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was C.

1 WILLOW CLOSE Sold Prices

Land registry data shows two sales for 1 WILLOW CLOSE 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. One of the two 1 WILLOW CLOSE sales was for below the average price, whilst the other was 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
2017 21 DEC	£200,000	£208,598	4% below HPI
2005 1 MAR	£178,000	£163,038	9% above HPI

1 WILLOW 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 two 1 WILLOW CLOSE sales from March 2005 and December 2017 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 March 2005 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the December 2017 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 1 WILLOW CLOSE?

1 WILLOW CLOSE is 115m², which includes one extension, according to the EPC inspection conducted in November 2017. This puts it in the largest 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 WILLOW CLOSE lies on this distribution: 61% of detached houses are smaller than 1 WILLOW CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

1 WILLOW CLOSE: Plot and Title Map

1 WILLOW CLOSE sits on a plot of roughly 0.169 of an acre, or 683m². The below map shows the location of 1 WILLOW 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 WILLOW 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 WILLOW CLOSE?

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