Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
48 HORNCASTLE ROAD is a very large extended detached house of 244m², built sometime between 1930 and 1949. It was last sold for £990,000 in October 2022, which was around 254% above the average October 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 48 HORNCASTLE ROAD since 1st 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 48 HORNCASTLE 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 |
---|---|---|---|
2022 18 OCT | £990,000 | £279,885 | 254% above HPI |
2014 11 JUL | £375,000 | £174,550 | 115% above HPI |
The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The two 48 HORNCASTLE ROAD sales from July 2014 and October 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 July 2014 sale was for 115% above the HPI. So the extrapolation line tracks at 115% above the HPI over time, until the October 2022 sale, where it rises to 254% above the HPI. The line then continues to track at 254% above the HPI.
48 HORNCASTLE ROAD is 244m², which includes three extensions, according to the EPC inspection conducted in June 2022. This puts it in the largest 10% of detached houses in Woodhall Spa, based on EPC data. The below chart shows the distribution of detached houses by size in Woodhall Spa, and where 48 HORNCASTLE ROAD lies on this distribution: 94% of detached houses are smaller than 48 HORNCASTLE ROAD, and 6% of houses are larger. Note that EPC data is not available for all properties in Woodhall Spa.
48 HORNCASTLE ROAD sits on a plot of roughly 0.628 of an acre, or 2,543m². The below map shows the location of 48 HORNCASTLE 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 48 HORNCASTLE 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.
48 HORNCASTLE ROAD is located in WOODHALL SPA, in the LN10 postcode district. The below map shows the position of No. 48 on HORNCASTLE ROAD.