2, HAZEL DRIVE, HORNCASTLE, LN9 5BQ - £205,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 HAZEL DRIVE is a midsized extended detached house of 93m², built sometime between 1967 and 1975, which could now be worth an estimated £264,401. It was last sold for £205,000 in October 2018, which was around 8% below the average October 2018 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was B.

2 HAZEL DRIVE Sold Prices

Land registry data shows two sales for 2 HAZEL DRIVE 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 HAZEL DRIVE 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
2018 30 OCT	£205,000	£221,942	8% below HPI
2014 15 AUG	£135,000	£177,344	24% below HPI

2 HAZEL DRIVE 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 HAZEL DRIVE sales from August 2014 and October 2018 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 August 2014 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the October 2018 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 2 HAZEL DRIVE be worth now?

2 HAZEL DRIVE might now be worth an estimated £264,401.

This is based on house price inflation of 29%, between October 2018 and February 2025, 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 29% inflationary increase is applied to the most recent sale price for 2 HAZEL DRIVE of £205,000 on 30th October 2018. For the value to have increased from £205,000 to £264,401 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 HAZEL DRIVE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The October 2018 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HAZEL DRIVE has not materially changed since October 2018.

How Large is 2 HAZEL DRIVE?

2 HAZEL DRIVE is 93m², which includes one extension, according to the EPC inspection conducted in July 2018. 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 2 HAZEL DRIVE lies on this distribution: 42% of detached houses houses are smaller than 2 HAZEL DRIVE, and 57% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

2 HAZEL DRIVE: Plot and Title Map

2 HAZEL DRIVE sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 2 HAZEL DRIVE, 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 HAZEL DRIVE). 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 HAZEL DRIVE?

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