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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). 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 19% 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. All of the three 16 LODINGTON COURT 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
2001 31 AUG	£69,000	£84,846	19% below HPI
1999 1 APR	£62,000	£65,717	6% below HPI
1997 17 SEP	£62,250	£63,452	2% below 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 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the August 2001 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 16 LODINGTON COURT be worth now?

16 LODINGTON COURT might now be worth an estimated £231,685.

This is based on house price inflation of 235.8%, between August 2001 and December 2024, 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 235.8% inflationary increase is applied to the most recent sale price for 16 LODINGTON COURT of £69,000 on 31st August 2001. For the value to have increased from £69,000 to £231,685 over the 22 years and eight months to December 2024, the following assumptions must hold true:

• The value of 16 LODINGTON COURT has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The August 2001 sale price of £69,000 represented a fair market value for the property.
• The size, condition, and specification of 16 LODINGTON COURT has not materially changed since August 2001.

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 houses in Horncastle, based on EPC data. The below chart shows the distribution of detached houses houses by size in Horncastle, and where 16 LODINGTON COURT lies on this distribution: 45% of detached houses houses are smaller than 16 LODINGTON COURT, and 54% 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 0.061 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.