15, ROMAN WAY, HORNCASTLE, LN9 6PL - £160,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

15 ROMAN WAY is a small detached house of 76m², built sometime between 1991 and 1995. It was last sold for £160,000 in October 2019, which was around 29% below the average October 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was B.

15 ROMAN WAY Sold Prices

Land registry data shows two sales for 15 ROMAN WAY 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 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
2019 31 OCT	£160,000	£224,931	29% below HPI
2009 6 AUG	£149,950	£165,469	9% below HPI

15 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 two 15 ROMAN WAY sales from August 2009 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 August 2009 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the October 2019 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 15 ROMAN WAY?

15 ROMAN WAY is 76m² according to the EPC inspection conducted in August 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 ROMAN WAY lies on this distribution: 23% of detached houses are smaller than 15 ROMAN WAY, and 75% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

15 ROMAN WAY: Plot and Title Map

15 ROMAN WAY sits on a plot of roughly 0.097 of an acre, or 394m². The below map shows the location of 15 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 15 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 15 ROMAN WAY?

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