2, ELMHIRST ROAD, HORNCASTLE, LN9 5AT - £337,000

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

2 ELMHIRST ROAD is a very large extended detached house of 180m², built sometime between 1967 and 1975. It was last sold for £337,000 in April 2021, which was around 45% above the average April 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2020, where the current energy rating was E, and the potential energy rating was B.

2 ELMHIRST ROAD Sold Prices

Land registry data shows two sales for 2 ELMHIRST ROAD 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 2 ELMHIRST ROAD 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
2021 7 APR	£337,000	£232,750	45% above HPI
2009 22 JUL	£220,000	£162,181	36% above HPI

2 ELMHIRST ROAD 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 2 ELMHIRST ROAD sales from July 2009 and April 2021 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 2009 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the April 2021 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is 2 ELMHIRST ROAD?

2 ELMHIRST ROAD is 180m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the largest 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 2 ELMHIRST ROAD lies on this distribution: 92% of detached houses are smaller than 2 ELMHIRST ROAD, and 8% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

2 ELMHIRST ROAD: Plot and Title Map

2 ELMHIRST ROAD sits on a plot of roughly 0.454 of an acre, or 1,838m². The below map shows the location of 2 ELMHIRST ROAD, 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 2 ELMHIRST ROAD). 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 2 ELMHIRST ROAD?

2 ELMHIRST ROAD is located in HORNCASTLE, in the LN9 postcode district. The below map shows the position of No. 2 on ELMHIRST ROAD.