41, LOUTH ROAD, HORNCASTLE, LN9 5ED - £261,000

41 LOUTH ROAD is a very large extended detached house of 152m², built sometime between 1930 and 1949. It was last sold for £261,000 in June 2020, which was around 19% above the average June 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was C.

41 LOUTH ROAD Sold Prices

Land registry data shows two sales for 41 LOUTH ROAD 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 41 LOUTH ROAD 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
2020 8 JUN	£261,000	£218,791	19% above HPI
1995 15 DEC	£94,000	£56,757	66% above HPI

41 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 two 41 LOUTH ROAD sales from December 1995 and June 2020 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 December 1995 sale was for 66% above the HPI. So the extrapolation line tracks at 66% above the HPI over time, until the June 2020 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 41 LOUTH ROAD?

41 LOUTH ROAD is 152m², which includes one extension, according to the EPC inspection conducted in October 2019. 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 41 LOUTH ROAD lies on this distribution: 86% of detached houses are smaller than 41 LOUTH ROAD, and 13% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

41 LOUTH ROAD: Plot and Title Map

41 LOUTH ROAD sits on a plot of roughly 0.175 of an acre, or 708m². The below map shows the location of 41 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 41 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 41 LOUTH ROAD?

41 LOUTH ROAD is located in HORNCASTLE, in the LN9 postcode district. The below map shows the position of No. 41 on LOUTH ROAD.