22, BANOVALLUM GARDENS, HORNCASTLE, LN9 6PN - £215,000

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

22 BANOVALLUM GARDENS is a very small detached house of 68m², built sometime between 1976 and 1982. It was last sold for £215,000 in June 2023, which was around 20% below the average June 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was B.

22 BANOVALLUM GARDENS Sold Prices

Land registry data shows two sales for 22 BANOVALLUM GARDENS 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. Both of the two 22 BANOVALLUM GARDENS 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
2023 6 JUN	£215,000	£270,082	20% below HPI
2006 23 MAY	£140,000	£179,287	22% below HPI

22 BANOVALLUM GARDENS 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 22 BANOVALLUM GARDENS sales from May 2006 and June 2023 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 May 2006 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the June 2023 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 22 BANOVALLUM GARDENS?

22 BANOVALLUM GARDENS is 68m² according to the EPC inspection conducted in January 2023. This puts it in the smallest 20% of detached houses in Horncastle, based on EPC data. The below chart shows the distribution of detached houses by size in Horncastle, and where 22 BANOVALLUM GARDENS lies on this distribution: 14% of detached houses are smaller than 22 BANOVALLUM GARDENS, and 86% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

22 BANOVALLUM GARDENS: Plot and Title Map

22 BANOVALLUM GARDENS sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 22 BANOVALLUM GARDENS, 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 22 BANOVALLUM GARDENS). 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 22 BANOVALLUM GARDENS?

22 BANOVALLUM GARDENS is located in HORNCASTLE, in the LN9 postcode district. The below map shows the position of No. 22 on BANOVALLUM GARDENS.