48, BANOVALLUM GARDENS, HORNCASTLE, LN9 6PN - £127,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

48 BANOVALLUM GARDENS is a very small semi-detached house of 57m², built sometime between 1976 and 1982. It was last sold for £127,500 in September 2020, which was around 15% below the average September 2020 semi-detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2024, where the current energy rating was D, and the potential energy rating was B.

48 BANOVALLUM GARDENS Sold Prices

Land registry data shows two sales for 48 BANOVALLUM GARDENS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the East Lindsey local authority area for the corresponding sale date. One of the two 48 BANOVALLUM GARDENS sales was for below the average price, whilst the other was 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 4 SEP	£127,500	£149,726	15% below HPI
2003 30 SEP	£103,000	£87,071	18% above HPI

48 BANOVALLUM GARDENS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Lindsey local authority area over time, sourced from the HPI. The two 48 BANOVALLUM GARDENS sales from September 2003 and September 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 September 2003 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the September 2020 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 48 BANOVALLUM GARDENS be worth now?

48 BANOVALLUM GARDENS might now be worth an estimated £164,025.

This is based on house price inflation of 28.6%, between September 2020 and December 2024, for semi-detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28.6% inflationary increase is applied to the most recent sale price for 48 BANOVALLUM GARDENS of £127,500 on 4th September 2020. For the value to have increased from £127,500 to £164,025 over the three years and nine months to December 2024, the following assumptions must hold true:

• The value of 48 BANOVALLUM GARDENS has moved in line with the HPI for semi-detached houses in the East Lindsey local authority area.
• The September 2020 sale price of £127,500 represented a fair market value for the property.
• The size, condition, and specification of 48 BANOVALLUM GARDENS has not materially changed since September 2020.

How Large is 48 BANOVALLUM GARDENS?

48 BANOVALLUM GARDENS is 57m² according to the EPC inspection conducted in November 2024. This puts it in the smallest 10% of semi-detached houses houses in Horncastle, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Horncastle, and where 48 BANOVALLUM GARDENS lies on this distribution: 2% of semi-detached houses houses are smaller than 48 BANOVALLUM GARDENS, and 97% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

48 BANOVALLUM GARDENS: Plot and Title Map

48 BANOVALLUM GARDENS sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of 48 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 48 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.

Where is 48 BANOVALLUM GARDENS?

48 BANOVALLUM GARDENS is located in HORNCASTLE, in the LN9 postcode district. The below map shows the position of No. 48 on BANOVALLUM GARDENS.