31, BONNETABLE ROAD, HORNCASTLE, LN9 6RH - £185,000

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

31 BONNETABLE ROAD is a very small detached house of 72m², built sometime between 1996 and 2002. It was last sold for £185,000 in October 2019, which was around 18% below the average October 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

31 BONNETABLE ROAD Sold Prices

Land registry data shows three sales for 31 BONNETABLE 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 31 BONNETABLE 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
2019 22 OCT	£185,000	£224,931	18% below HPI
2014 11 APR	£162,500	£171,205	5% below HPI
2012 13 JUL	£145,000	£162,579	11% below HPI

31 BONNETABLE 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 31 BONNETABLE ROAD sales between July 2012 and October 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 April 2014 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the October 2019 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 31 BONNETABLE ROAD?

31 BONNETABLE ROAD is 72m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 20% of detached houses in Horncastle, based on EPC data. The below chart shows the distribution of detached houses by size in Horncastle, and where 31 BONNETABLE ROAD lies on this distribution: 18% of detached houses are smaller than 31 BONNETABLE ROAD, and 82% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

31 BONNETABLE ROAD: Plot and Title Map

31 BONNETABLE ROAD sits on a plot of roughly 0.107 of an acre, or 432m². The below map shows the location of 31 BONNETABLE 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 31 BONNETABLE 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 31 BONNETABLE ROAD?

31 BONNETABLE ROAD is located in HORNCASTLE, in the LN9 postcode district. The below map shows the position of No. 31 on BONNETABLE ROAD.