24, SOUTH STREET, HORNCASTLE, LN9 6DX - £244,000

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

24 SOUTH STREET is a very large extended detached house of 200m², built sometime before 1900. It was last sold for £244,000 in September 2020, which was around 8% above the average September 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2011, where the current energy rating was E, and the potential energy rating was E.

24 SOUTH STREET Sold Prices

Land registry data shows two sales for 24 SOUTH STREET 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 24 SOUTH STREET 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
2020 4 SEP	£244,000	£225,854	8% above HPI
1998 12 JAN	£80,000	£63,991	25% above HPI

24 SOUTH STREET 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 24 SOUTH STREET sales from January 1998 and September 2020 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 January 1998 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the September 2020 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 24 SOUTH STREET be worth now?

24 SOUTH STREET might now be worth an estimated £307,781.

This is based on house price inflation of 26.1%, between September 2020 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 26.1% inflationary increase is applied to the most recent sale price for 24 SOUTH STREET of £244,000 on 4th September 2020. For the value to have increased from £244,000 to £307,781 over the three years and nine months to December 2024, the following assumptions must hold true:

• The value of 24 SOUTH STREET has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The September 2020 sale price of £244,000 represented a fair market value for the property.
• The size, condition, and specification of 24 SOUTH STREET has not materially changed since September 2020.

How Large is 24 SOUTH STREET?

24 SOUTH STREET is 200m², which includes one extension, according to the EPC inspection conducted in January 2011. This puts it in the largest 10% 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 24 SOUTH STREET lies on this distribution: 95% of detached houses houses are smaller than 24 SOUTH STREET, and 5% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

24 SOUTH STREET: Plot and Title Map

24 SOUTH STREET sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 24 SOUTH STREET, 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 24 SOUTH STREET). 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 24 SOUTH STREET?

24 SOUTH STREET is located in HORNCASTLE, in the LN9 postcode district. The below map shows the position of No. 24 on SOUTH STREET.