48, MARK AVENUE, HORNCASTLE, LN9 5BD - £180,000

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

48 MARK AVENUE is a very small detached house of 64m², built sometime between 1983 and 1990. It was last sold for £180,000 in August 2019, which was around 19% below the average August 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

48 MARK AVENUE Sold Prices

Land registry data shows four sales for 48 MARK AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the four 48 MARK AVENUE 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
2019 20 AUG	£180,000	£221,272	19% below HPI
2001 14 DEC	£78,500	£92,325	15% below HPI
1998 20 APR	£60,000	£60,367	1% below HPI
1997 4 JUL	£58,000	£60,466	4% below HPI

48 MARK AVENUE 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 four 48 MARK AVENUE sales between July 1997 and August 2019 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 2001 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2019 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 48 MARK AVENUE?

48 MARK AVENUE is 64m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 10% of detached houses in Horncastle, based on EPC data. The below chart shows the distribution of detached houses by size in Horncastle, and where 48 MARK AVENUE lies on this distribution: 8% of detached houses are smaller than 48 MARK AVENUE, and 91% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

48 MARK AVENUE: Plot and Title Map

48 MARK AVENUE sits on a plot of roughly 0.122 of an acre, or 495m². The below map shows the location of 48 MARK AVENUE, 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 MARK AVENUE). 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 MARK AVENUE?

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