13, CHESTNUT CLOSE, HORNCASTLE, LN9 5ET - £51,000

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

13 CHESTNUT CLOSE is a very small detached house of 52m², built sometime between 1976 and 1982. It was last sold for £51,000 in November 2000, which was around 33% below the average November 2000 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was B.

13 CHESTNUT CLOSE Sold Prices

Land registry data shows three sales for 13 CHESTNUT CLOSE 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 13 CHESTNUT CLOSE 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
2000 30 NOV	£51,000	£76,227	33% below HPI
1999 10 DEC	£41,000	£71,069	42% below HPI
1999 7 JUL	£38,000	£67,601	44% below HPI

13 CHESTNUT 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 three 13 CHESTNUT CLOSE sales between July 1999 and November 2000 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 December 1999 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the November 2000 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 13 CHESTNUT CLOSE?

13 CHESTNUT CLOSE is 52m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 10% of detached houses in Horncastle, based on EPC data. The below chart shows the distribution of detached houses by size in Horncastle, and where 13 CHESTNUT CLOSE lies on this distribution: Less than 1% of detached houses are smaller than 13 CHESTNUT CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

13 CHESTNUT CLOSE: Plot and Title Map

13 CHESTNUT CLOSE sits on a plot of roughly 0.102 of an acre, or 411m². The below map shows the location of 13 CHESTNUT 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 13 CHESTNUT 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 13 CHESTNUT CLOSE?

13 CHESTNUT CLOSE is located in HORNCASTLE, in the LN9 postcode district. The below map shows the position of No. 13 on CHESTNUT CLOSE.