2, THE SIDINGS, HORNCASTLE, LN9 5UA - £188,000

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 THE SIDINGS is a large detached house of 125m², built sometime between 1996 and 2002. It was last sold for £188,000 in March 2010, which was around 11% above the average March 2010 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

2 THE SIDINGS Sold Prices

Land registry data shows four sales for 2 THE SIDINGS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the four 2 THE SIDINGS 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
2010 30 MAR	£188,000	£168,985	11% above HPI
2007 18 JUL	£222,000	£190,636	16% above HPI
2003 16 MAY	£195,000	£127,898	52% above HPI
2002 8 MAR	£117,000	£93,311	25% above HPI

2 THE SIDINGS 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 four 2 THE SIDINGS sales between March 2002 and March 2010 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 2007 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the March 2010 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 2 THE SIDINGS?

2 THE SIDINGS is 125m² according to the EPC inspection conducted in October 2008. This puts it in the largest 40% 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 THE SIDINGS lies on this distribution: 68% of detached houses are smaller than 2 THE SIDINGS, and 32% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

2 THE SIDINGS: Plot and Title Map

2 THE SIDINGS sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 2 THE SIDINGS, 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 THE SIDINGS). 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 THE SIDINGS?

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