16, WESLEY WAY, HORNCASTLE, LN9 6RY - £156,950

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

16 WESLEY WAY is a very small detached house of 56m², built sometime between 1991 and 1995. It was last sold for £156,950 in December 2014, which was around 11% below the average December 2014 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

16 WESLEY WAY Sold Prices

Land registry data shows three sales for 16 WESLEY WAY 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 WESLEY 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
2014 17 DEC	£156,950	£176,376	11% below HPI
2014 4 APR	£136,000	£171,205	21% below HPI
2000 26 MAY	£58,500	£72,066	19% below HPI

16 WESLEY 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 three 16 WESLEY WAY sales between May 2000 and December 2014 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 2014 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the December 2014 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 16 WESLEY WAY?

16 WESLEY WAY is 56m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 10% 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 WESLEY WAY lies on this distribution: 1% of detached houses are smaller than 16 WESLEY WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

16 WESLEY WAY: Plot and Title Map

16 WESLEY WAY sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 16 WESLEY 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 16 WESLEY 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 16 WESLEY WAY?

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