5, COLLEGE CLOSE, HORNCASTLE, LN9 6BY - £92,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 COLLEGE CLOSE is a very small extended terraced house of 35m², built sometime between 1991 and 1995, which could now be worth an estimated £87,599. It was last sold for £92,500 in October 2023, which was around 37% below the average October 2023 terraced price in the East Lindsey local authority area. The most recent EPC inspection was January 2023, where the current energy rating was E, and the potential energy rating was B.

5 COLLEGE CLOSE Sold Prices

Land registry data shows three sales for 5 COLLEGE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the East Lindsey local authority area for the corresponding sale date. All of the three 5 COLLEGE CLOSE 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
2023 27 OCT	£92,500	£146,546	37% below HPI
2008 22 DEC	£57,000	£91,143	37% below HPI
2000 22 JUN	£29,120	£36,240	20% below HPI

5 COLLEGE CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the East Lindsey local authority area over time, sourced from the HPI. The three 5 COLLEGE CLOSE sales between June 2000 and October 2023 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 2008 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the October 2023 sale, which was also at 37% below the HPI.

What might 5 COLLEGE CLOSE be worth now?

5 COLLEGE CLOSE might now be worth an estimated £87,599.

This is based on house price deflation of 5.3%, between October 2023 and July 2025, for terraced 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 5.3% deflationary decrease is applied to the most recent sale price for 5 COLLEGE CLOSE of £92,500 on 27th October 2023. For the value to have decreased from £92,500 to £87,599 over the two years and three months to July 2025, the following assumptions must hold true:

• The value of 5 COLLEGE CLOSE has moved in line with the HPI for terraced houses in the East Lindsey local authority area.
• The October 2023 sale price of £92,500 represented a fair market value for the property.
• The size, condition, and specification of 5 COLLEGE CLOSE has not materially changed since October 2023.

How Large is 5 COLLEGE CLOSE?

5 COLLEGE CLOSE is 35m², which includes two extensions, according to the EPC inspection conducted in January 2023. This puts it in the smallest 10% of terraced houses houses in Horncastle, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Horncastle, and where 5 COLLEGE CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 5 COLLEGE CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

5 COLLEGE CLOSE: Plot and Title Map

5 COLLEGE CLOSE sits on a plot of roughly 0.037 of an acre, or 151m². The below map shows the location of 5 COLLEGE CLOSE, 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 5 COLLEGE CLOSE). 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 5 COLLEGE CLOSE?

5 COLLEGE CLOSE is located in HORNCASTLE, in the LN9 postcode district. The below map shows the position of No. 5 on COLLEGE CLOSE.