32, COLLEGE CLOSE, HORNCASTLE, LN9 6BY - £84,950

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.

32 COLLEGE CLOSE is a very small semi-detached house of 48m², built sometime between 1983 and 1990, which could now be worth an estimated £157,540. It was last sold for £84,950 in May 2004, which was around 18% below the average May 2004 semi-detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2009, where the current energy rating was D, and the potential energy rating was C.

32 COLLEGE CLOSE Sold Prices

Land registry data shows two sales for 32 COLLEGE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two 32 COLLEGE CLOSE 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 4 MAY	£84,950	£104,040	18% below HPI
2002 3 APR	£52,500	£62,198	16% below HPI

32 COLLEGE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Lindsey local authority area over time, sourced from the HPI. The two 32 COLLEGE CLOSE sales from April 2002 and May 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 2002 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the May 2004 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 32 COLLEGE CLOSE be worth now?

32 COLLEGE CLOSE might now be worth an estimated £157,540.

This is based on house price inflation of 85.5%, between May 2004 and February 2025, for semi-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 85.5% inflationary increase is applied to the most recent sale price for 32 COLLEGE CLOSE of £84,950 on 4th May 2004. For the value to have increased from £84,950 to £157,540 over the 21 years and three months to February 2025, the following assumptions must hold true:

• The value of 32 COLLEGE CLOSE has moved in line with the HPI for semi-detached houses in the East Lindsey local authority area.
• The May 2004 sale price of £84,950 represented a fair market value for the property.
• The size, condition, and specification of 32 COLLEGE CLOSE has not materially changed since May 2004.

How Large is 32 COLLEGE CLOSE?

32 COLLEGE CLOSE is 48m² according to the EPC inspection conducted in January 2009. This puts it in the smallest 10% of semi-detached houses houses in Horncastle, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Horncastle, and where 32 COLLEGE CLOSE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 32 COLLEGE CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

32 COLLEGE CLOSE: Plot and Title Map

32 COLLEGE CLOSE sits on a plot of roughly 0.048 of an acre, or 195m². The below map shows the location of 32 COLLEGE 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 32 COLLEGE 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 32 COLLEGE CLOSE?

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