15, HOLLY CLOSE, HORNCASTLE, LN9 5EX - £195,000

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 HOLLY CLOSE is a small extended detached house of 80m², built sometime between 1983 and 1990. It was last sold for £195,000 in October 2019, which was around 13% below the average October 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2019, where the current energy rating was B, and the potential energy rating was B.

15 HOLLY CLOSE Sold Prices

Land registry data shows two sales for 15 HOLLY 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 HOLLY 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
2019 30 OCT	£195,000	£224,931	13% below HPI
2019 1 MAR	£120,000	£226,985	47% below HPI

15 HOLLY 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 HOLLY CLOSE sales from March 2019 and October 2019 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 2019 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the October 2019 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 15 HOLLY CLOSE?

15 HOLLY CLOSE is 80m², which includes one extension, according to the EPC inspection conducted in April 2019. This puts it in the smallest 30% 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 HOLLY CLOSE lies on this distribution: 27% of detached houses are smaller than 15 HOLLY CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

15 HOLLY CLOSE: Plot and Title Map

15 HOLLY CLOSE sits on a plot of roughly 0.142 of an acre, or 573m². The below map shows the location of 15 HOLLY 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 HOLLY 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 HOLLY CLOSE?

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