4, WESLEY WAY, HORNCASTLE, LN9 6RY - £210,000

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 WESLEY WAY is a very small extended detached house of 74m², built sometime between 1991 and 1995. It was last sold for £210,000 in November 2023, which was around 24% below the average November 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was B.

4 WESLEY WAY Sold Prices

Land registry data shows five sales for 4 WESLEY WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the five 4 WESLEY WAY 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
2023 20 NOV	£210,000	£275,977	24% below HPI
2013 13 JUN	£148,000	£167,067	11% below HPI
2006 31 JUL	£110,000	£180,885	39% below HPI
2001 26 JUL	£76,500	£80,837	5% below HPI
1999 5 JUL	£54,200	£67,601	20% below HPI

4 WESLEY WAY 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 five 4 WESLEY WAY sales between July 1999 and November 2023 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 2013 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the November 2023 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 4 WESLEY WAY?

4 WESLEY WAY is 74m², which includes one extension, according to the EPC inspection conducted in February 2023. 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 WESLEY WAY lies on this distribution: 19% of detached houses are smaller than 4 WESLEY WAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

4 WESLEY WAY: Plot and Title Map

4 WESLEY WAY sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 4 WESLEY WAY, 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 WESLEY WAY). 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 WESLEY WAY?

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