15, ASHWOOD CLOSE, HORNCASTLE, LN9 5HA - £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

15 ASHWOOD CLOSE is a very small detached house of 72m², built sometime between 1983 and 1990. It was last sold for £145,000 in October 2014, which was around 19% below the average October 2014 detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

15 ASHWOOD CLOSE Sold Prices

Land registry data shows two sales for 15 ASHWOOD 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. Both of the two 15 ASHWOOD 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
2014 10 OCT	£145,000	£178,623	19% below HPI
1998 20 MAR	£60,000	£61,233	2% below HPI

15 ASHWOOD 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 15 ASHWOOD CLOSE sales from March 1998 and October 2014 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 March 1998 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the October 2014 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 15 ASHWOOD CLOSE?

15 ASHWOOD CLOSE is 72m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 20% of detached houses in Horncastle, based on EPC data. The below chart shows the distribution of detached houses by size in Horncastle, and where 15 ASHWOOD CLOSE lies on this distribution: 17% of detached houses are smaller than 15 ASHWOOD CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

15 ASHWOOD CLOSE: Plot and Title Map

15 ASHWOOD CLOSE sits on a plot of roughly 0.126 of an acre, or 512m². The below map shows the location of 15 ASHWOOD 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 15 ASHWOOD 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 15 ASHWOOD CLOSE?

15 ASHWOOD CLOSE is located in HORNCASTLE, in the LN9 postcode district. The below map shows the position of No. 15 on ASHWOOD CLOSE.