4, LOUTH ROAD, HORNCASTLE, LN9 5ED - £150,000

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

4 LOUTH ROAD is a very large extended detached house of 161m², built sometime between 1900 and 1929. It was last sold for £150,000 in February 2015, which was around 13% below the average February 2015 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

4 LOUTH ROAD Sold Prices

Land registry data shows three sales for 4 LOUTH ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the three 4 LOUTH ROAD 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
2015 2 FEB	£150,000	£172,748	13% below HPI
2014 28 NOV	£142,500	£177,608	20% below HPI
2003 24 OCT	£88,000	£137,863	36% below HPI

4 LOUTH ROAD 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 three 4 LOUTH ROAD sales between October 2003 and February 2015 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 November 2014 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the February 2015 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 4 LOUTH ROAD?

4 LOUTH ROAD is 161m², which includes two extensions, according to the EPC inspection conducted in October 2014. This puts it in the largest 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 LOUTH ROAD lies on this distribution: 88% of detached houses are smaller than 4 LOUTH ROAD, and 12% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

4 LOUTH ROAD: Plot and Title Map

4 LOUTH ROAD sits on a plot of roughly 0.047 of an acre, or 189m². The below map shows the location of 4 LOUTH ROAD, 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 LOUTH ROAD). 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 LOUTH ROAD?

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