23, WESLEY WAY, HORNCASTLE, LN9 6RY - £172,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

23 WESLEY WAY is a midsized detached house of 96m², built sometime between 2003 and 2006. It was last sold for £172,500 in January 2007, which was around 4% below the average January 2007 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2025, where the current energy rating was C, and the potential energy rating was B.

23 WESLEY WAY Sold Prices

Land registry data shows two sales for 23 WESLEY WAY 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. One of the two 23 WESLEY WAY sales was for below the average price, whilst the other was 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
2007 5 JAN	£172,500	£180,604	4% below HPI
1996 18 OCT	£59,995	£58,417	3% above HPI

23 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 two 23 WESLEY WAY sales from October 1996 and January 2007 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 1996 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the January 2007 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 23 WESLEY WAY be worth now?

23 WESLEY WAY might now be worth an estimated £272,108.

This is based on house price inflation of 57.7%, between January 2007 and December 2024, 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 57.7% inflationary increase is applied to the most recent sale price for 23 WESLEY WAY of £172,500 on 5th January 2007. For the value to have increased from £172,500 to £272,108 over the sixteen years and one month to December 2024, the following assumptions must hold true:

• The value of 23 WESLEY WAY has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The January 2007 sale price of £172,500 represented a fair market value for the property.
• The size, condition, and specification of 23 WESLEY WAY has not materially changed since January 2007.

How Large is 23 WESLEY WAY?

23 WESLEY WAY is 96m² according to the EPC inspection conducted in January 2025. This puts it in the smallest 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 23 WESLEY WAY lies on this distribution: 46% of detached houses houses are smaller than 23 WESLEY WAY, and 53% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

23 WESLEY WAY: Plot and Title Map

23 WESLEY WAY sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 23 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 23 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 23 WESLEY WAY?

23 WESLEY WAY is located in HORNCASTLE, in the LN9 postcode district. The below map shows the position of No. 23 on WESLEY WAY.