22, COLLEGE CLOSE, HORNCASTLE, LN9 6BY - £124,950

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

22 COLLEGE CLOSE is a very small extended detached house of 65m², built sometime between 1983 and 1990. It was last sold for £124,950 in December 2016, which was around 37% below the average December 2016 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was B.

22 COLLEGE CLOSE Sold Prices

Land registry data shows three sales for 22 COLLEGE CLOSE 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 22 COLLEGE CLOSE 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
2016 2 DEC	£124,950	£197,369	37% below HPI
2007 25 MAY	£120,000	£185,541	35% below HPI
1999 27 OCT	£38,500	£67,772	43% below HPI

22 COLLEGE CLOSE 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 22 COLLEGE CLOSE sales between October 1999 and December 2016 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 2007 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the December 2016 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 22 COLLEGE CLOSE?

22 COLLEGE CLOSE is 65m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the smallest 10% 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 COLLEGE CLOSE lies on this distribution: 10% of detached houses are smaller than 22 COLLEGE CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

22 COLLEGE CLOSE: Plot and Title Map

22 COLLEGE CLOSE sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 22 COLLEGE CLOSE, 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 COLLEGE CLOSE). 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 COLLEGE CLOSE?

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