3, ROMAN WAY, HORNCASTLE, LN9 6PL - £185,000

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.

3 ROMAN WAY is a very small detached house of 68m², built sometime between 1976 and 1982, which could now be worth an estimated £233,964. It was last sold for £185,000 in January 2019, which was around 18% below the average January 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2024, where the current energy rating was C, and the potential energy rating was B.

3 ROMAN WAY Sold Prices

Land registry data shows two sales for 3 ROMAN WAY 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 ROMAN WAY 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
2019 29 JAN	£185,000	£226,345	18% below HPI
2010 9 MAR	£144,000	£171,448	16% below HPI

3 ROMAN WAY 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 ROMAN WAY sales from March 2010 and January 2019 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 March 2010 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the January 2019 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 3 ROMAN WAY be worth now?

3 ROMAN WAY might now be worth an estimated £233,964.

This is based on house price inflation of 26.5%, between January 2019 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 26.5% inflationary increase is applied to the most recent sale price for 3 ROMAN WAY of £185,000 on 29th January 2019. For the value to have increased from £185,000 to £233,964 over the five years and eleven months to February 2025, the following assumptions must hold true:

• The value of 3 ROMAN WAY has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The January 2019 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 3 ROMAN WAY has not materially changed since January 2019.

How Large is 3 ROMAN WAY?

3 ROMAN WAY is 68m² according to the EPC inspection conducted in November 2024. This puts it in the smallest 20% 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 ROMAN WAY lies on this distribution: 13% of detached houses houses are smaller than 3 ROMAN WAY, and 86% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

3 ROMAN WAY: Plot and Title Map

3 ROMAN WAY sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 3 ROMAN WAY, 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 ROMAN WAY). 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 ROMAN WAY?

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