14, ROMAN WAY, HORNCASTLE, LN9 6PL - £145,000

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

14 ROMAN WAY is a very small detached house of 65m², built sometime between 1976 and 1982. It was last sold for £145,000 in November 2015, which was around 23% below the average November 2015 detached price in the East Lindsey local authority area. The most recent EPC inspection was December 2022, where the current energy rating was D, and the potential energy rating was B.

14 ROMAN WAY Sold Prices

Land registry data shows four sales for 14 ROMAN WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the four 14 ROMAN WAY 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
2015 23 NOV	£145,000	£188,088	23% below HPI
2015 27 FEB	£130,000	£172,748	25% below HPI
2012 17 AUG	£119,500	£164,970	28% below HPI
2007 15 OCT	£146,000	£188,072	22% below HPI

14 ROMAN 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 four 14 ROMAN WAY sales between October 2007 and November 2015 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 2015 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2015 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 14 ROMAN WAY?

14 ROMAN WAY is 65m² according to the EPC inspection conducted in December 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 14 ROMAN WAY lies on this distribution: 10% of detached houses are smaller than 14 ROMAN WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

14 ROMAN WAY: Plot and Title Map

14 ROMAN WAY sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 14 ROMAN 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 14 ROMAN 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 14 ROMAN WAY?

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