3, MILLSTONE CLOSE, HORNCASTLE, LN9 5SU - £282,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 MILLSTONE CLOSE is a large detached house of 118m², built sometime between 1996 and 2002. It was last sold for £282,000 in December 2014, which was around 60% above the average December 2014 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was C.

3 MILLSTONE CLOSE Sold Prices

Land registry data shows three sales for 3 MILLSTONE CLOSE 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 MILLSTONE CLOSE 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
2014 19 DEC	£282,000	£176,376	60% above HPI
2002 12 JUN	£179,000	£99,395	80% above HPI
1999 9 JUL	£112,000	£67,601	66% above HPI

3 MILLSTONE CLOSE 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 MILLSTONE CLOSE sales between July 1999 and December 2014 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 June 2002 sale was for 80% above the HPI. So the extrapolation line tracks at 80% above the HPI over time, until the December 2014 sale, where it falls to 60% above the HPI. The line then continues to track at 60% above the HPI.

How Large is 3 MILLSTONE CLOSE?

3 MILLSTONE CLOSE is 118m² according to the EPC inspection conducted in February 2010. This puts it in the largest 40% of detached houses in Horncastle, based on EPC data. The below chart shows the distribution of detached houses by size in Horncastle, and where 3 MILLSTONE CLOSE lies on this distribution: 63% of detached houses are smaller than 3 MILLSTONE CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

3 MILLSTONE CLOSE: Plot and Title Map

3 MILLSTONE CLOSE sits on a plot of roughly 0.122 of an acre, or 495m². The below map shows the location of 3 MILLSTONE CLOSE, 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 MILLSTONE CLOSE). 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 MILLSTONE CLOSE?

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