43, LOUTH ROAD, HORNCASTLE, LN9 5ED - £291,000

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

43 LOUTH ROAD is a small extended detached house of 91m², built sometime between 1930 and 1949. It was last sold for £291,000 in August 2022, which was around 6% above the average August 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2013, where the current energy rating was E, and the potential energy rating was B.

43 LOUTH ROAD Sold Prices

Land registry data shows two sales for 43 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. One of the two 43 LOUTH ROAD sales was for above the average price, whilst the other was 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
2022 12 AUG	£291,000	£275,687	6% above HPI
2017 9 FEB	£147,000	£199,326	26% below HPI

43 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 43 LOUTH ROAD sales from February 2017 and August 2022 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 2017 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2022 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 43 LOUTH ROAD?

43 LOUTH ROAD is 91m², which includes one extension, according to the EPC inspection conducted in November 2013. 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 LOUTH ROAD lies on this distribution: 38% of detached houses are smaller than 43 LOUTH ROAD, and 60% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

43 LOUTH ROAD: Plot and Title Map

43 LOUTH ROAD sits on a plot of roughly 0.148 of an acre, or 600m². The below map shows the location of 43 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 43 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 43 LOUTH ROAD?

43 LOUTH ROAD is located in HORNCASTLE, in the LN9 postcode district. The below map shows the position of No. 43 on LOUTH ROAD.