4, JOHN BROWN CLOSE, HORNCASTLE, LN9 5GD - £280,000

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

4 JOHN BROWN CLOSE is a very large detached house of 155m², built sometime between 1996 and 2002, which could now be worth an estimated £372,196. It was last sold for £280,000 in August 2017, which was around 31% above the average August 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was C.

4 JOHN BROWN CLOSE Sold Prices

Land registry data shows two sales for 4 JOHN BROWN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two 4 JOHN BROWN CLOSE sales were 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
2017 2 AUG	£280,000	£214,322	31% above HPI
2002 21 JUN	£141,750	£100,843	41% above HPI

4 JOHN BROWN CLOSE 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 two 4 JOHN BROWN CLOSE sales from June 2002 and August 2017 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 June 2002 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the August 2017 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 4 JOHN BROWN CLOSE be worth now?

4 JOHN BROWN CLOSE might now be worth an estimated £372,196.

This is based on house price inflation of 32.9%, between August 2017 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 32.9% inflationary increase is applied to the most recent sale price for 4 JOHN BROWN CLOSE of £280,000 on 2nd August 2017. For the value to have increased from £280,000 to £372,196 over the six years and eight months to December 2024, the following assumptions must hold true:

• The value of 4 JOHN BROWN CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The August 2017 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 4 JOHN BROWN CLOSE has not materially changed since August 2017.

How Large is 4 JOHN BROWN CLOSE?

4 JOHN BROWN CLOSE is 155m² according to the EPC inspection conducted in June 2016. This puts it in the largest 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 4 JOHN BROWN CLOSE lies on this distribution: 87% of detached houses houses are smaller than 4 JOHN BROWN CLOSE, and 13% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

4 JOHN BROWN CLOSE: Plot and Title Map

4 JOHN BROWN CLOSE sits on a plot of roughly 0.122 of an acre, or 494m². The below map shows the location of 4 JOHN BROWN 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 4 JOHN BROWN 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 4 JOHN BROWN CLOSE?

4 JOHN BROWN CLOSE is located in HORNCASTLE, in the LN9 postcode district. The below map shows the position of No. 4 on JOHN BROWN CLOSE.