14, MADELY CLOSE, HORNCASTLE, LN9 6RQ - £134,950

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.

14 MADELY CLOSE is a large extended detached house of 114m², built sometime between 1996 and 2002, which could now be worth an estimated £256,368. It was last sold for £134,950 in February 2004, which was around 10% below the average February 2004 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2024, where the current energy rating was C, and the potential energy rating was B.

14 MADELY CLOSE Sold Prices

Land registry data shows two sales for 14 MADELY CLOSE 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 14 MADELY CLOSE 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
2004 20 FEB	£134,950	£149,960	10% below HPI
2000 14 FEB	£74,950	£74,462	1% above HPI

14 MADELY 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 two 14 MADELY CLOSE sales from February 2000 and February 2004 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 2000 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the February 2004 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 14 MADELY CLOSE be worth now?

14 MADELY CLOSE might now be worth an estimated £256,368.

This is based on house price inflation of 90%, between February 2004 and March 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 90% inflationary increase is applied to the most recent sale price for 14 MADELY CLOSE of £134,950 on 20th February 2004. For the value to have increased from £134,950 to £256,368 over the twenty years and eleven months to March 2025, the following assumptions must hold true:

• The value of 14 MADELY CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The February 2004 sale price of £134,950 represented a fair market value for the property.
• The size, condition, and specification of 14 MADELY CLOSE has not materially changed since February 2004.

How Large is 14 MADELY CLOSE?

14 MADELY CLOSE is 114m², which includes two extensions, according to the EPC inspection conducted in November 2024. This puts it in the largest 40% 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 14 MADELY CLOSE lies on this distribution: 60% of detached houses houses are smaller than 14 MADELY CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

14 MADELY CLOSE: Plot and Title Map

14 MADELY CLOSE sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 14 MADELY 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 14 MADELY 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 14 MADELY CLOSE?

14 MADELY CLOSE is located in HORNCASTLE, in the LN9 postcode district. The below map shows the position of No. 14 on MADELY CLOSE.