15, REVESBY LANE, HORNCASTLE, LN9 5FL - £324,950

Based on the November 2024 Price Paid Data (released on 2nd January 2025), the October 2024 House Price Index (released on 18th December 2024), and the October 2024 Energy Performance of Buildings Data (released on 28th November 2024). Sources

15 REVESBY LANE is a very large detached house of 143m², built in 2022. It was last sold for £324,950 in April 2022, which was around 23% above the average April 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2022, where the current energy rating was B, and the potential energy rating was A.

15 REVESBY LANE Sold Prices

Land registry data shows two sales for 15 REVESBY LANE 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 REVESBY LANE sales were 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
2022 20 APR	£324,950	£264,293	23% above HPI
2016 22 DEC	£1,708,800	£197,369	766% above HPI

15 REVESBY LANE 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 REVESBY LANE sales from December 2016 and April 2022 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 2016 sale was for 766% above the HPI. So the extrapolation line tracks at 766% above the HPI over time, until the April 2022 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 15 REVESBY LANE?

15 REVESBY LANE is 143m² according to the EPC inspection conducted in April 2022. This puts it in the largest 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 REVESBY LANE lies on this distribution: 83% of detached houses are smaller than 15 REVESBY LANE, and 17% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

Where is 15 REVESBY LANE?

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