2, HORNCASTLE ROAD, LOUTH, LN11 9LD - £270,000

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

2 HORNCASTLE ROAD is a very large extended detached house of 178m², built sometime between 1900 and 1929. It was last sold for £270,000 in June 2014, which was around 55% above the average June 2014 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2012, where the current energy rating was E, and the potential energy rating was C.

2 HORNCASTLE ROAD Sold Prices

Land registry data shows two sales for 2 HORNCASTLE 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. One of the two 2 HORNCASTLE ROAD sales was for above the average price, whilst the other was 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 16 JUN	£270,000	£174,182	55% above HPI
1998 18 SEP	£53,000	£65,381	19% below HPI

2 HORNCASTLE 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 HORNCASTLE ROAD sales from September 1998 and June 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 September 1998 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the June 2014 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.

How Large is 2 HORNCASTLE ROAD?

2 HORNCASTLE ROAD is 178m², which includes one extension, according to the EPC inspection conducted in November 2012. This puts it in the largest 20% of detached houses in Louth, based on EPC data. The below chart shows the distribution of detached houses by size in Louth, and where 2 HORNCASTLE ROAD lies on this distribution: 89% of detached houses are smaller than 2 HORNCASTLE ROAD, and 11% of houses are larger. Note that EPC data is not available for all properties in Louth.

2 HORNCASTLE ROAD: Plot and Title Map

2 HORNCASTLE ROAD sits on a plot of roughly 0.185 of an acre, or 748m². The below map shows the location of 2 HORNCASTLE 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 HORNCASTLE 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 HORNCASTLE ROAD?

2 HORNCASTLE ROAD is located in LOUTH, in the LN11 postcode district. The below map shows the position of No. 2 on HORNCASTLE ROAD.