2, LODINGTON COURT, HORNCASTLE, LN9 6RZ - £156,500

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 LODINGTON COURT is a small extended semi-detached house of 83m², built sometime between 1991 and 1995, which could now be worth an estimated £211,767. It was last sold for £156,500 in February 2020, which was around 10% above the average February 2020 semi-detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was C.

2 LODINGTON COURT Sold Prices

Land registry data shows three sales for 2 LODINGTON COURT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the East Lindsey local authority area for the corresponding sale date. All of the three 2 LODINGTON COURT 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
2020 13 FEB	£156,500	£142,589	10% above HPI
2005 11 JAN	£133,950	£112,383	19% above HPI
1996 4 SEP	£49,950	£37,298	34% above HPI

2 LODINGTON COURT Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Lindsey local authority area over time, sourced from the HPI. The three 2 LODINGTON COURT sales between September 1996 and February 2020 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 January 2005 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the February 2020 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 2 LODINGTON COURT be worth now?

2 LODINGTON COURT might now be worth an estimated £211,767.

This is based on house price inflation of 35.3%, between February 2020 and February 2025, for semi-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 35.3% inflationary increase is applied to the most recent sale price for 2 LODINGTON COURT of £156,500 on 13th February 2020. For the value to have increased from £156,500 to £211,767 over the five years to February 2025, the following assumptions must hold true:

• The value of 2 LODINGTON COURT has moved in line with the HPI for semi-detached houses in the East Lindsey local authority area.
• The February 2020 sale price of £156,500 represented a fair market value for the property.
• The size, condition, and specification of 2 LODINGTON COURT has not materially changed since February 2020.

How Large is 2 LODINGTON COURT?

2 LODINGTON COURT is 83m², which includes one extension, according to the EPC inspection conducted in November 2019. This puts it in the smallest 40% of semi-detached houses houses in Horncastle, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Horncastle, and where 2 LODINGTON COURT lies on this distribution: 30% of semi-detached houses houses are smaller than 2 LODINGTON COURT, and 69% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

2 LODINGTON COURT: Plot and Title Map

2 LODINGTON COURT sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 2 LODINGTON COURT, 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 LODINGTON COURT). 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 LODINGTON COURT?

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