12, THORNTON CRESCENT, HORNCASTLE, LN9 6JP - £325,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 THORNTON CRESCENT is a midsized detached house of 101m², built sometime between 1983 and 1990, which could now be worth an estimated £324,497. It was last sold for £325,000 in November 2022, which was around 13% above the average November 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

12 THORNTON CRESCENT Sold Prices

Land registry data shows three sales for 12 THORNTON CRESCENT 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. The three 12 THORNTON CRESCENT sales were a mix of above the average price, and roughly equal to 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
2022 11 NOV	£325,000	£286,696	13% above HPI
2012 10 OCT	£163,500	£162,939	Close to HPI
1995 19 JUL	£71,500	£55,050	30% above HPI

12 THORNTON CRESCENT 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 THORNTON CRESCENT sales between July 1995 and November 2022 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 2012 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the November 2022 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 12 THORNTON CRESCENT be worth now?

12 THORNTON CRESCENT might now be worth an estimated £324,497.

This is based on house price deflation of 0.2%, between November 2022 and February 2025, 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 0.2% deflationary decrease is applied to the most recent sale price for 12 THORNTON CRESCENT of £325,000 on 11th November 2022. For the value to have decreased from £325,000 to £324,497 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of 12 THORNTON CRESCENT has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The November 2022 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 12 THORNTON CRESCENT has not materially changed since November 2022.

How Large is 12 THORNTON CRESCENT?

12 THORNTON CRESCENT is 101m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 50% 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 12 THORNTON CRESCENT lies on this distribution: 49% of detached houses houses are smaller than 12 THORNTON CRESCENT, and 50% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

12 THORNTON CRESCENT: Plot and Title Map

12 THORNTON CRESCENT sits on a plot of roughly 0.159 of an acre, or 644m². The below map shows the location of 12 THORNTON CRESCENT, 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 THORNTON CRESCENT). 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 THORNTON CRESCENT?

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