12, GRANARY WAY, HORNCASTLE, LN9 5SR - £310,000

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

12 GRANARY WAY is a very large detached house of 142m², built sometime between 1996 and 2002. It was last sold for £310,000 in March 2021, which was around 33% above the average March 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

12 GRANARY WAY Sold Prices

Land registry data shows three sales for 12 GRANARY WAY 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 12 GRANARY WAY 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 12 MAR	£310,000	£233,062	33% above HPI
2007 9 FEB	£229,000	£180,905	27% above HPI
1996 10 JUL	£73,950	£56,877	30% above HPI

12 GRANARY WAY 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 12 GRANARY WAY sales between July 1996 and March 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 February 2007 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the March 2021 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is 12 GRANARY WAY?

12 GRANARY WAY is 142m² according to the EPC inspection conducted in September 2020. This puts it in the largest 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 12 GRANARY WAY lies on this distribution: 82% of detached houses are smaller than 12 GRANARY WAY, and 17% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

12 GRANARY WAY: Plot and Title Map

12 GRANARY WAY sits on a plot of roughly 0.147 of an acre, or 595m². The below map shows the location of 12 GRANARY WAY, 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 12 GRANARY WAY). 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 12 GRANARY WAY?

12 GRANARY WAY is located in HORNCASTLE, in the LN9 postcode district. The below map shows the position of No. 12 on GRANARY WAY.