21, HORNCASTLE ROAD, WRAGBY, MARKET RASEN, LN8 5RB - £146,500

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

21 HORNCASTLE ROAD is a very small detached house of 69m², built sometime between 1950 and 1966. It was last sold for £146,500 in August 2014, which was around 16% below the average August 2014 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

21 HORNCASTLE ROAD Sold Prices

Land registry data shows four sales for 21 HORNCASTLE ROAD 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 21 HORNCASTLE ROAD 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
2014 21 AUG	£146,500	£174,797	16% below HPI
2011 8 AUG	£142,500	£168,589	15% below HPI
1998 23 JAN	£56,000	£63,072	11% below HPI
1995 8 SEP	£44,950	£54,798	18% below HPI

21 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 four 21 HORNCASTLE ROAD sales between September 1995 and August 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 August 2011 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2014 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 21 HORNCASTLE ROAD?

21 HORNCASTLE ROAD is 69m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 20% of detached houses in Wragby, based on EPC data. The below chart shows the distribution of detached houses by size in Wragby, and where 21 HORNCASTLE ROAD lies on this distribution: 10% of detached houses are smaller than 21 HORNCASTLE ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Wragby.

21 HORNCASTLE ROAD: Plot and Title Map

21 HORNCASTLE ROAD sits on a plot of roughly 0.135 of an acre, or 545m². The below map shows the location of 21 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 21 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 21 HORNCASTLE ROAD?

21 HORNCASTLE ROAD is located in WRAGBY, in the LN8 postcode district. The below map shows the position of No. 21 on HORNCASTLE ROAD.