2, WESLEY WAY, HORNCASTLE, LN9 6RY - £288,000

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 WESLEY WAY is a midsized extended detached house of 111m², built sometime between 1996 and 2002, which could now be worth an estimated £290,630. It was last sold for £288,000 in October 2024, which was around 2% above the average October 2024 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

2 WESLEY WAY Sold Prices

Land registry data shows three sales for 2 WESLEY WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the three 2 WESLEY WAY 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
2024 11 OCT	£288,000	£283,662	2% above HPI
2005 31 AUG	£215,000	£170,566	26% above HPI
1999 23 JUL	£79,995	£68,586	17% above HPI

2 WESLEY WAY 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 three 2 WESLEY WAY sales between July 1999 and October 2024 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 2005 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the October 2024 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 2 WESLEY WAY be worth now?

2 WESLEY WAY might now be worth an estimated £290,630.

This is based on house price inflation of 0.9%, between October 2024 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 0.9% inflationary increase is applied to the most recent sale price for 2 WESLEY WAY of £288,000 on 11th October 2024. For the value to have increased from £288,000 to £290,630 over the one year and eight months to February 2025, the following assumptions must hold true:

• The value of 2 WESLEY WAY has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The October 2024 sale price of £288,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WESLEY WAY has not materially changed since October 2024.

How Large is 2 WESLEY WAY?

2 WESLEY WAY is 111m², which includes one extension, according to the EPC inspection conducted in May 2024. This puts it in the largest 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 WESLEY WAY lies on this distribution: 57% of detached houses houses are smaller than 2 WESLEY WAY, and 42% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

2 WESLEY WAY: Plot and Title Map

2 WESLEY WAY sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 2 WESLEY WAY, 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 WESLEY WAY). 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 WESLEY WAY?

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