39, COLLEGE CLOSE, HORNCASTLE, LN9 6BY - £125,500

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.

39 COLLEGE CLOSE is a very small semi-detached house of 48m², built sometime between 1983 and 1990, which could now be worth an estimated £161,724. It was last sold for £125,500 in September 2020, which was around 16% below the average September 2020 semi-detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

39 COLLEGE CLOSE Sold Prices

Land registry data shows four sales for 39 COLLEGE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the East Lindsey local authority area for the corresponding sale date. The four 39 COLLEGE CLOSE sales were a mix of below the average price, and roughly equal to 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
2020 29 SEP	£125,500	£149,726	16% below HPI
2019 8 MAR	£125,500	£151,423	17% below HPI
2000 30 JUN	£38,000	£47,592	20% below HPI
1995 30 JUN	£35,500	£35,477	Close to HPI

39 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 four 39 COLLEGE CLOSE sales between June 1995 and September 2020 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 2019 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the September 2020 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 39 COLLEGE CLOSE be worth now?

39 COLLEGE CLOSE might now be worth an estimated £161,724.

This is based on house price inflation of 28.9%, between September 2020 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 28.9% inflationary increase is applied to the most recent sale price for 39 COLLEGE CLOSE of £125,500 on 29th September 2020. For the value to have increased from £125,500 to £161,724 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 39 COLLEGE CLOSE has moved in line with the HPI for semi-detached houses in the East Lindsey local authority area.
• The September 2020 sale price of £125,500 represented a fair market value for the property.
• The size, condition, and specification of 39 COLLEGE CLOSE has not materially changed since September 2020.

How Large is 39 COLLEGE CLOSE?

39 COLLEGE CLOSE is 48m² according to the EPC inspection conducted in June 2020. 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 39 COLLEGE CLOSE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 39 COLLEGE CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

39 COLLEGE CLOSE: Plot and Title Map

39 COLLEGE CLOSE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 39 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 39 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 39 COLLEGE CLOSE?

39 COLLEGE CLOSE is located in HORNCASTLE, in the LN9 postcode district. The below map shows the position of No. 39 on COLLEGE CLOSE.