32, MARK AVENUE, HORNCASTLE, LN9 5BD - £175,000

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

32 MARK AVENUE is a very small detached house of 66m², built sometime between 1976 and 1982. It was last sold for £175,000 in May 2008, which was around 2% below the average May 2008 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was C.

32 MARK AVENUE Sold Prices

Land registry data shows four sales for 32 MARK AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Two of the four 32 MARK AVENUE sales were for below the average price, whilst one was 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
2008 30 MAY	£175,000	£178,069	2% below HPI
2001 16 FEB	£79,000	£76,870	3% above HPI
2000 25 MAY	£72,000	£72,066	Close to HPI
1998 20 FEB	£55,000	£62,385	12% below HPI

32 MARK AVENUE 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 four 32 MARK AVENUE sales between February 1998 and May 2008 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 February 2001 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the May 2008 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 32 MARK AVENUE?

32 MARK AVENUE is 66m² according to the EPC inspection conducted in July 2009. 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 32 MARK AVENUE lies on this distribution: 12% of detached houses are smaller than 32 MARK AVENUE, and 88% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

32 MARK AVENUE: Plot and Title Map

32 MARK AVENUE sits on a plot of roughly 0.143 of an acre, or 580m². The below map shows the location of 32 MARK AVENUE, 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 MARK AVENUE). 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 MARK AVENUE?

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