12, STANHOPE ROAD, HORNCASTLE, LN9 5EL - £172,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

12 STANHOPE ROAD is a midsized extended detached house of 105m², built sometime between 1950 and 1966. It was last sold for £172,000 in May 2016, which was around 10% below the average May 2016 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2015, where the current energy rating was E, and the potential energy rating was B.

12 STANHOPE ROAD Sold Prices

Land registry data shows two sales for 12 STANHOPE ROAD 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 12 STANHOPE ROAD 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
2016 5 MAY	£172,000	£191,921	10% below HPI
2015 6 OCT	£200,000	£189,759	5% above HPI

12 STANHOPE 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 two 12 STANHOPE ROAD sales from October 2015 and May 2016 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 October 2015 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the May 2016 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 12 STANHOPE ROAD?

12 STANHOPE ROAD is 105m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the largest 50% 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 STANHOPE ROAD lies on this distribution: 53% of detached houses are smaller than 12 STANHOPE ROAD, and 46% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

12 STANHOPE ROAD: Plot and Title Map

12 STANHOPE ROAD sits on a plot of roughly 0.124 of an acre, or 502m². The below map shows the location of 12 STANHOPE 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 12 STANHOPE 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 12 STANHOPE ROAD?

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