22, HEMINGBY LANE, HORNCASTLE, LN9 5PN - £137,000

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.

22 HEMINGBY LANE is a small terraced house of 77m², built sometime between 2003 and 2006, which could now be worth an estimated £173,214. It was last sold for £137,000 in February 2018, which was around 25% above the average February 2018 terraced price in the East Lindsey local authority area. The most recent EPC inspection was September 2010, where the current energy rating was B, and the potential energy rating was B.

22 HEMINGBY LANE Sold Prices

Land registry data shows three sales for 22 HEMINGBY LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the East Lindsey local authority area for the corresponding sale date. All of the three 22 HEMINGBY LANE 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
2018 15 FEB	£137,000	£109,766	25% above HPI
2007 25 OCT	£134,950	£104,323	29% above HPI
2006 18 AUG	£132,500	£98,088	35% above HPI

22 HEMINGBY LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the East Lindsey local authority area over time, sourced from the HPI. The three 22 HEMINGBY LANE sales between August 2006 and February 2018 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 October 2007 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the February 2018 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 22 HEMINGBY LANE be worth now?

22 HEMINGBY LANE might now be worth an estimated £173,214.

This is based on house price inflation of 26.4%, between February 2018 and July 2025, for terraced 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 26.4% inflationary increase is applied to the most recent sale price for 22 HEMINGBY LANE of £137,000 on 15th February 2018. For the value to have increased from £137,000 to £173,214 over the six years and seven months to July 2025, the following assumptions must hold true:

• The value of 22 HEMINGBY LANE has moved in line with the HPI for terraced houses in the East Lindsey local authority area.
• The February 2018 sale price of £137,000 represented a fair market value for the property.
• The size, condition, and specification of 22 HEMINGBY LANE has not materially changed since February 2018.

How Large is 22 HEMINGBY LANE?

22 HEMINGBY LANE is 77m² according to the EPC inspection conducted in September 2010. This puts it in the smallest 30% of terraced houses houses in Horncastle, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Horncastle, and where 22 HEMINGBY LANE lies on this distribution: 26% of terraced houses houses are smaller than 22 HEMINGBY LANE, and 74% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

22 HEMINGBY LANE: Plot and Title Map

22 HEMINGBY LANE sits on a plot of roughly 0.041 of an acre, or 165m². The below map shows the location of 22 HEMINGBY LANE, 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 HEMINGBY LANE). 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 HEMINGBY LANE?

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