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
43 BANOVALLUM GARDENS is a small extended detached house of 84m², built sometime between 1991 and 1995. It was last sold for £160,000 in September 2016, which was around 17% below the average September 2016 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 43 BANOVALLUM GARDENS since 1st 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 43 BANOVALLUM GARDENS 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 |
---|---|---|---|
2016 6 SEP | £160,000 | £191,934 | 17% below HPI |
2003 9 SEP | £117,000 | £133,978 | 13% below HPI |
2001 20 DEC | £79,950 | £92,325 | 13% below HPI |
The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The three 43 BANOVALLUM GARDENS sales between December 2001 and September 2016 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 September 2003 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the September 2016 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.
43 BANOVALLUM GARDENS is 84m², which includes two extensions, according to the EPC inspection conducted in August 2015. This puts it in the smallest 40% of detached houses in Horncastle, based on EPC data. The below chart shows the distribution of detached houses by size in Horncastle, and where 43 BANOVALLUM GARDENS lies on this distribution: 31% of detached houses are smaller than 43 BANOVALLUM GARDENS, and 68% of houses are larger. Note that EPC data is not available for all properties in Horncastle.
43 BANOVALLUM GARDENS sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 43 BANOVALLUM GARDENS, 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 43 BANOVALLUM GARDENS). 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.
43 BANOVALLUM GARDENS is located in HORNCASTLE, in the LN9 postcode district. The below map shows the position of No. 43 on BANOVALLUM GARDENS.