3, ELMHIRST ROAD, HORNCASTLE, LN9 5AT - £139,950

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.

3 ELMHIRST ROAD is a very small detached house of 63m², built sometime between 1996 and 2002, which could now be worth an estimated £245,071. It was last sold for £139,950 in August 2004, which was around 14% below the average August 2004 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2024, where the current energy rating was D, and the potential energy rating was B.

3 ELMHIRST ROAD Sold Prices

Land registry data shows two sales for 3 ELMHIRST ROAD 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 3 ELMHIRST 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
2004 6 AUG	£139,950	£163,467	14% below HPI
1998 20 APR	£47,000	£61,247	23% below HPI

3 ELMHIRST 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 two 3 ELMHIRST ROAD sales from April 1998 and August 2004 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 April 1998 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2004 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 3 ELMHIRST ROAD be worth now?

3 ELMHIRST ROAD might now be worth an estimated £245,071.

This is based on house price inflation of 75.1%, between August 2004 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 75.1% inflationary increase is applied to the most recent sale price for 3 ELMHIRST ROAD of £139,950 on 6th August 2004. For the value to have increased from £139,950 to £245,071 over the 21 years and six months to February 2025, the following assumptions must hold true:

• The value of 3 ELMHIRST ROAD has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The August 2004 sale price of £139,950 represented a fair market value for the property.
• The size, condition, and specification of 3 ELMHIRST ROAD has not materially changed since August 2004.

How Large is 3 ELMHIRST ROAD?

3 ELMHIRST ROAD is 63m² according to the EPC inspection conducted in October 2024. This puts it in the smallest 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 3 ELMHIRST ROAD lies on this distribution: 7% of detached houses houses are smaller than 3 ELMHIRST ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

3 ELMHIRST ROAD: Plot and Title Map

3 ELMHIRST ROAD sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 3 ELMHIRST 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 ELMHIRST 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 ELMHIRST ROAD?

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