118, BOSTON ROAD, HORNCASTLE, LN9 6HU - £90,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

118 BOSTON ROAD is a very small detached house of 70m², built sometime between 1983 and 1990. It was last sold for £90,000 in August 2012, which was around 46% below the average August 2012 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was D.

118 BOSTON ROAD Sold Prices

Land registry data shows five sales for 118 BOSTON ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the five 118 BOSTON ROAD 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
2012 10 AUG	£90,000	£167,374	46% below HPI
2011 6 SEP	£125,000	£171,097	27% below HPI
2011 28 JUN	£118,000	£166,794	29% below HPI
2003 5 SEP	£122,500	£135,930	10% below HPI
2000 27 OCT	£54,500	£76,645	29% below HPI

118 BOSTON ROAD 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 five 118 BOSTON ROAD sales between October 2000 and August 2012 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 September 2011 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the August 2012 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 118 BOSTON ROAD be worth now?

118 BOSTON ROAD might now be worth an estimated £153,192.

This is based on house price inflation of 70.2%, between August 2012 and December 2024, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 70.2% inflationary increase is applied to the most recent sale price for 118 BOSTON ROAD of £90,000 on 10th August 2012. For the value to have increased from £90,000 to £153,192 over the eleven years and eight months to December 2024, the following assumptions must hold true:

• The value of 118 BOSTON ROAD has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The August 2012 sale price of £90,000 represented a fair market value for the property.
• The size, condition, and specification of 118 BOSTON ROAD has not materially changed since August 2012.

How Large is 118 BOSTON ROAD?

118 BOSTON ROAD is 70m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 20% of detached houses houses in Horncastle, based on EPC data. The below chart shows the distribution of detached houses houses by size in Horncastle, and where 118 BOSTON ROAD lies on this distribution: 14% of detached houses houses are smaller than 118 BOSTON ROAD, and 86% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

118 BOSTON ROAD: Plot and Title Map

118 BOSTON ROAD sits on a plot of roughly 0.158 of an acre, or 640m². The below map shows the location of 118 BOSTON ROAD, 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 118 BOSTON ROAD). 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 118 BOSTON ROAD?

118 BOSTON ROAD is located in HORNCASTLE, in the LN9 postcode district. The below map shows the position of No. 118 on BOSTON ROAD.