40, COLLEGE PARK, HORNCASTLE, LN9 6RE - £200,000

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

40 COLLEGE PARK is a very small detached house of 55m², built sometime between 1991 and 1995. It was last sold for £200,000 in August 2023, which was around 29% below the average August 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

40 COLLEGE PARK Sold Prices

Land registry data shows three sales for 40 COLLEGE PARK 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 40 COLLEGE PARK 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 2 AUG	£200,000	£282,946	29% below HPI
2004 6 FEB	£99,000	£147,806	33% below HPI
1997 2 DEC	£42,500	£61,463	31% below HPI

40 COLLEGE PARK 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 40 COLLEGE PARK sales between December 1997 and August 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 February 2004 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the August 2023 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 40 COLLEGE PARK?

40 COLLEGE PARK is 55m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 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 40 COLLEGE PARK lies on this distribution: 1% of detached houses are smaller than 40 COLLEGE PARK, and 99% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

40 COLLEGE PARK: Plot and Title Map

40 COLLEGE PARK sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 40 COLLEGE PARK, 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 40 COLLEGE PARK). 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 40 COLLEGE PARK?

40 COLLEGE PARK is located in HORNCASTLE, in the LN9 postcode district. The below map shows the position of No. 40 on COLLEGE PARK.