3, BOSTON ROAD, HORNCASTLE, LN9 6EY - £243,000

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

3 BOSTON ROAD is a midsized extended detached house of 103m², built sometime between 1950 and 1966. It was last sold for £243,000 in July 2024, which was around 9% below the average July 2024 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was B.

3 BOSTON ROAD Sold Prices

Land registry data shows three sales for 3 BOSTON 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. All of the three 3 BOSTON ROAD 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
2024 2 JUL	£243,000	£266,684	9% below HPI
2007 5 JUL	£175,000	£193,413	10% below HPI
2002 27 MAR	£87,000	£94,671	8% below HPI

3 BOSTON 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 3 BOSTON ROAD sales between March 2002 and July 2024 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 July 2007 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the July 2024 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 3 BOSTON ROAD be worth now?

3 BOSTON ROAD might now be worth an estimated £259,591.

This is based on house price inflation of 6.8%, between July 2024 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 6.8% inflationary increase is applied to the most recent sale price for 3 BOSTON ROAD of £243,000 on 2nd July 2024. For the value to have increased from £243,000 to £259,591 over the seven months to December 2024, the following assumptions must hold true:

• The value of 3 BOSTON ROAD has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The July 2024 sale price of £243,000 represented a fair market value for the property.
• The size, condition, and specification of 3 BOSTON ROAD has not materially changed since July 2024.

How Large is 3 BOSTON ROAD?

3 BOSTON ROAD is 103m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the largest 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 3 BOSTON ROAD lies on this distribution: 51% of detached houses houses are smaller than 3 BOSTON ROAD, and 48% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

3 BOSTON ROAD: Plot and Title Map

3 BOSTON ROAD sits on a plot of roughly 0.130 of an acre, or 525m². The below map shows the location of 3 BOSTON 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 3 BOSTON 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 3 BOSTON ROAD?

3 BOSTON ROAD is located in HORNCASTLE, in the LN9 postcode district. The below map shows the position of No. 3 on BOSTON ROAD.