4, THE ROPEWALK, HORNCASTLE, LN9 5BF - £277,500

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 THE ROPEWALK is a very large extended detached house of 172m², built sometime between 2003 and 2006. It was last sold for £277,500 in December 2019, which was around 24% above the average December 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was C.

4 THE ROPEWALK Sold Prices

Land registry data shows two sales for 4 THE ROPEWALK 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 THE ROPEWALK 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
2019 12 DEC	£277,500	£222,986	24% above HPI
2008 31 JUL	£249,995	£177,442	41% above HPI

4 THE ROPEWALK 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 THE ROPEWALK sales from July 2008 and December 2019 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 July 2008 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the December 2019 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 4 THE ROPEWALK?

4 THE ROPEWALK is 172m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the largest 10% 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 THE ROPEWALK lies on this distribution: 90% of detached houses are smaller than 4 THE ROPEWALK, and 10% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

4 THE ROPEWALK: Plot and Title Map

4 THE ROPEWALK sits on a plot of roughly 0.120 of an acre, or 485m². The below map shows the location of 4 THE ROPEWALK, 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 THE ROPEWALK). 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 THE ROPEWALK?

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