25, HORNCASTLE ROAD, WRAGBY, MARKET RASEN, LN8 5RB - £245,000

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.

25 HORNCASTLE ROAD is a very large extended detached house of 140m², built sometime between 1900 and 1929, which could now be worth an estimated £318,022. It was last sold for £245,000 in July 2018, which was around 11% above the average July 2018 detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2017, where the current energy rating was E, and the potential energy rating was C.

25 HORNCASTLE ROAD Sold Prices

Land registry data shows three sales for 25 HORNCASTLE ROAD 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. One of the three 25 HORNCASTLE ROAD sales was for above the average price, whilst two 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
2018 18 JUL	£245,000	£220,525	11% above HPI
2009 23 OCT	£130,000	£167,824	23% below HPI
1995 24 MAR	£55,000	£59,171	7% below HPI

25 HORNCASTLE ROAD 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 25 HORNCASTLE ROAD sales between March 1995 and July 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 2009 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the July 2018 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 25 HORNCASTLE ROAD be worth now?

25 HORNCASTLE ROAD might now be worth an estimated £318,022.

This is based on house price inflation of 29.8%, between July 2018 and February 2025, 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 29.8% inflationary increase is applied to the most recent sale price for 25 HORNCASTLE ROAD of £245,000 on 18th July 2018. For the value to have increased from £245,000 to £318,022 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of 25 HORNCASTLE ROAD has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The July 2018 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 25 HORNCASTLE ROAD has not materially changed since July 2018.

How Large is 25 HORNCASTLE ROAD?

25 HORNCASTLE ROAD is 140m², which includes four extensions, according to the EPC inspection conducted in April 2017. This puts it in the largest 20% of detached houses houses in Wragby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wragby, and where 25 HORNCASTLE ROAD lies on this distribution: 90% of detached houses houses are smaller than 25 HORNCASTLE ROAD, and 10% of houses are larger. Note that EPC data is not available for all properties in Wragby.

25 HORNCASTLE ROAD: Plot and Title Map

25 HORNCASTLE ROAD sits on a plot of roughly 0.193 of an acre, or 783m². The below map shows the location of 25 HORNCASTLE ROAD, 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 25 HORNCASTLE ROAD). 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 25 HORNCASTLE ROAD?

25 HORNCASTLE ROAD is located in WRAGBY, in the LN8 postcode district. The below map shows the position of No. 25 on HORNCASTLE ROAD.