16, LODINGTON COURT, HORNCASTLE, LN9 6RZ - £69,000

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

16 LODINGTON COURT is a midsized extended detached house of 95m², built sometime between 1991 and 1995. It was last sold for £69,000 in August 2001, which was around 17% below the average August 2001 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2023, where the current energy rating was C, and the potential energy rating was B.

16 LODINGTON COURT Sold Prices

Land registry data shows three sales for 16 LODINGTON COURT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. The three 16 LODINGTON COURT sales were a mix of below the average price, and roughly equal to 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
2001 31 AUG	£69,000	£83,628	17% below HPI
1999 1 APR	£62,000	£64,773	4% below HPI
1997 17 SEP	£62,250	£62,540	Close to HPI

16 LODINGTON COURT 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 three 16 LODINGTON COURT sales between September 1997 and August 2001 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 April 1999 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the August 2001 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 16 LODINGTON COURT?

16 LODINGTON COURT is 95m², which includes one extension, according to the EPC inspection conducted in November 2023. This puts it in the smallest 50% of detached houses in Horncastle, based on EPC data. The below chart shows the distribution of detached houses by size in Horncastle, and where 16 LODINGTON COURT lies on this distribution: 45% of detached houses are smaller than 16 LODINGTON COURT, and 53% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

16 LODINGTON COURT: Plot and Title Map

16 LODINGTON COURT sits on a plot of roughly 0.060 of an acre, or 245m². The below map shows the location of 16 LODINGTON COURT, 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 LODINGTON COURT). 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 LODINGTON COURT?

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