16, LANGTON CLOSE, HORNCASTLE, LN9 5BE - £490,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 LANGTON CLOSE is a very large detached house of 189m², built sometime between 1967 and 1975, which could now be worth an estimated £502,664. It was last sold for £490,000 in July 2023, which was around 76% above the average July 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was C.

16 LANGTON CLOSE Sold Prices

Land registry data shows four sales for 16 LANGTON CLOSE 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 16 LANGTON CLOSE 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
2023 20 JUL	£490,000	£279,040	76% above HPI
2014 25 JUL	£282,500	£177,094	60% above HPI
2009 4 DEC	£250,000	£166,109	51% above HPI
2002 19 JUL	£230,000	£102,997	123% above HPI

16 LANGTON 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 four 16 LANGTON CLOSE sales between July 2002 and July 2023 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 July 2014 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the July 2023 sale, where it rises to 76% above the HPI. The line then continues to track at 76% above the HPI.

What might 16 LANGTON CLOSE be worth now?

16 LANGTON CLOSE might now be worth an estimated £502,664.

This is based on house price inflation of 2.6%, between July 2023 and February 2025, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.6% inflationary increase is applied to the most recent sale price for 16 LANGTON CLOSE of £490,000 on 20th July 2023. For the value to have increased from £490,000 to £502,664 over the two years and five months to February 2025, the following assumptions must hold true:

• The value of 16 LANGTON CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The July 2023 sale price of £490,000 represented a fair market value for the property.
• The size, condition, and specification of 16 LANGTON CLOSE has not materially changed since July 2023.

How Large is 16 LANGTON CLOSE?

16 LANGTON CLOSE is 189m² according to the EPC inspection conducted in October 2022. This puts it in the largest 10% of detached houses houses in Horncastle, based on EPC data. The below chart shows the distribution of detached houses houses by size in Horncastle, and where 16 LANGTON CLOSE lies on this distribution: 93% of detached houses houses are smaller than 16 LANGTON CLOSE, and 7% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

16 LANGTON CLOSE: Plot and Title Map

16 LANGTON CLOSE sits on a plot of roughly 0.327 of an acre, or 1,324m². The below map shows the location of 16 LANGTON 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 16 LANGTON 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 16 LANGTON CLOSE?

16 LANGTON CLOSE is located in HORNCASTLE, in the LN9 postcode district. The below map shows the position of No. 16 on LANGTON CLOSE.