48, THORNTON CRESCENT, HORNCASTLE, LN9 6JP - £220,000

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 THORNTON CRESCENT is a small detached house of 90m², built sometime between 1983 and 1990. It was last sold for £220,000 in October 2021, which was around 13% below the average October 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

48 THORNTON CRESCENT Sold Prices

Land registry data shows three sales for 48 THORNTON CRESCENT since 1^st 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 48 THORNTON CRESCENT 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
2021 21 OCT	£220,000	£251,466	13% below HPI
1998 31 JUL	£64,000	£65,105	2% below HPI
1995 19 JUN	£50,000	£54,261	8% below HPI

48 THORNTON CRESCENT 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 three 48 THORNTON CRESCENT sales between June 1995 and October 2021 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 1998 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the October 2021 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 48 THORNTON CRESCENT?

48 THORNTON CRESCENT is 90m² according to the EPC inspection conducted in July 2014. 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 48 THORNTON CRESCENT lies on this distribution: 37% of detached houses are smaller than 48 THORNTON CRESCENT, and 62% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

48 THORNTON CRESCENT: Plot and Title Map

48 THORNTON CRESCENT sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 48 THORNTON CRESCENT, 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 THORNTON CRESCENT). 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 THORNTON CRESCENT?

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