32, BANOVALLUM GARDENS, HORNCASTLE, LN9 6PN - £170,000

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

32 BANOVALLUM GARDENS is a very small detached house of 69m², built sometime between 1976 and 1982. It was last sold for £170,000 in November 2016, which was around 15% below the average November 2016 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

32 BANOVALLUM GARDENS Sold Prices

Land registry data shows three sales for 32 BANOVALLUM GARDENS 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 32 BANOVALLUM GARDENS 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
2016 4 NOV	£170,000	£200,696	15% below HPI
2015 18 MAR	£163,000	£177,002	8% below HPI
2006 20 MAR	£147,000	£170,812	14% below HPI

32 BANOVALLUM GARDENS 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 32 BANOVALLUM GARDENS sales between March 2006 and November 2016 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 2015 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the November 2016 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 32 BANOVALLUM GARDENS be worth now?

32 BANOVALLUM GARDENS might now be worth an estimated £241,318.

This is based on house price inflation of 42%, between November 2016 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 42% inflationary increase is applied to the most recent sale price for 32 BANOVALLUM GARDENS of £170,000 on 4th November 2016. For the value to have increased from £170,000 to £241,318 over the seven years and eleven months to December 2024, the following assumptions must hold true:

• The value of 32 BANOVALLUM GARDENS has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The November 2016 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 32 BANOVALLUM GARDENS has not materially changed since November 2016.

How Large is 32 BANOVALLUM GARDENS?

32 BANOVALLUM GARDENS is 69m² according to the EPC inspection conducted in October 2014. 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 32 BANOVALLUM GARDENS lies on this distribution: 14% of detached houses houses are smaller than 32 BANOVALLUM GARDENS, and 86% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

32 BANOVALLUM GARDENS: Plot and Title Map

32 BANOVALLUM GARDENS sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 32 BANOVALLUM GARDENS, 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 32 BANOVALLUM GARDENS). 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 32 BANOVALLUM GARDENS?

32 BANOVALLUM GARDENS is located in HORNCASTLE, in the LN9 postcode district. The below map shows the position of No. 32 on BANOVALLUM GARDENS.