4, LODINGTON COURT, HORNCASTLE, LN9 6RZ - £173,500

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

4 LODINGTON COURT is a very small detached house of 70m², built sometime between 1991 and 1995. It was last sold for £173,500 in January 2020, which was around 20% below the average January 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

4 LODINGTON COURT Sold Prices

Land registry data shows four sales for 4 LODINGTON COURT 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. All of the four 4 LODINGTON COURT 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
2020 31 JAN	£173,500	£215,745	20% below HPI
2007 20 AUG	£163,000	£192,296	15% below HPI
2002 9 AUG	£89,950	£105,490	15% below HPI
1998 29 MAY	£59,950	£60,945	2% below HPI

4 LODINGTON COURT 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 4 LODINGTON COURT sales between May 1998 and January 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 August 2007 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the January 2020 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 4 LODINGTON COURT?

4 LODINGTON COURT is 70m² according to the EPC inspection conducted in June 2019. 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 4 LODINGTON COURT lies on this distribution: 15% of detached houses are smaller than 4 LODINGTON COURT, and 85% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

4 LODINGTON COURT: Plot and Title Map

4 LODINGTON COURT sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 4 LODINGTON COURT, 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 LODINGTON COURT). 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 LODINGTON COURT?

4 LODINGTON COURT is located in HORNCASTLE, in the LN9 postcode district. The below map shows the position of No. 4 on LODINGTON COURT.