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

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.

4 THE ROPEWALK is a very large extended detached house of 172m², built sometime between 2003 and 2006, which could now be worth an estimated £351,117. It was last sold for £277,500 in December 2019, which was around 23% 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	£226,235	23% above HPI
2008 31 JUL	£249,995	£180,028	39% 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 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the December 2019 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 4 THE ROPEWALK be worth now?

4 THE ROPEWALK might now be worth an estimated £351,117.

This is based on house price inflation of 26.5%, between December 2019 and February 2025, 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 26.5% inflationary increase is applied to the most recent sale price for 4 THE ROPEWALK of £277,500 on 12th December 2019. For the value to have increased from £277,500 to £351,117 over the six years and ten months to February 2025, the following assumptions must hold true:

• The value of 4 THE ROPEWALK has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The December 2019 sale price of £277,500 represented a fair market value for the property.
• The size, condition, and specification of 4 THE ROPEWALK has not materially changed since December 2019.

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 houses in Horncastle, based on EPC data. The below chart shows the distribution of detached houses houses by size in Horncastle, and where 4 THE ROPEWALK lies on this distribution: 90% of detached houses 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.