18, ROMAN WAY, HORNCASTLE, LN9 6PL - £180,000

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

18 ROMAN WAY is a very small detached house of 66m², built sometime between 1976 and 1982. It was last sold for £180,000 in January 2024, which was around 34% below the average January 2024 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was B.

18 ROMAN WAY Sold Prices

Land registry data shows two sales for 18 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 18 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
2024 4 JAN	£180,000	£273,556	34% below HPI
1998 10 JUL	£49,000	£65,105	25% below HPI

18 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 18 ROMAN WAY sales from July 1998 and January 2024 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 1998 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the January 2024 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 18 ROMAN WAY?

18 ROMAN WAY is 66m² according to the EPC inspection conducted in June 2023. This puts it in the smallest 20% of detached houses in Horncastle, based on EPC data. The below chart shows the distribution of detached houses by size in Horncastle, and where 18 ROMAN WAY lies on this distribution: 12% of detached houses are smaller than 18 ROMAN WAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

18 ROMAN WAY: Plot and Title Map

18 ROMAN WAY sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 18 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 18 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 18 ROMAN WAY?

18 ROMAN WAY is located in HORNCASTLE, in the LN9 postcode district. The below map shows the position of No. 18 on ROMAN WAY.