5, RUSSELL DANBY DRIVE, HORNCASTLE, LN9 5FE - £240,000

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 RUSSELL DANBY DRIVE is a very small detached house of 59m², which could now be worth an estimated £244,444. It was last sold for £240,000 in August 2022, which was around 14% below the average August 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2019, where the current energy rating was B, and the potential energy rating was B.

5 RUSSELL DANBY DRIVE Sold Prices

Land registry data shows three sales for 5 RUSSELL DANBY DRIVE 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 5 RUSSELL DANBY DRIVE 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
2022 2 AUG	£240,000	£279,704	14% below HPI
2021 19 MAY	£180,000	£238,707	25% below HPI
2020 25 SEP	£129,375	£225,854	43% below HPI

5 RUSSELL DANBY DRIVE 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 5 RUSSELL DANBY DRIVE sales between September 2020 and August 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 May 2021 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2022 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 5 RUSSELL DANBY DRIVE be worth now?

5 RUSSELL DANBY DRIVE might now be worth an estimated £244,444.

This is based on house price inflation of 1.9%, between August 2022 and March 2025, for 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 1.9% inflationary increase is applied to the most recent sale price for 5 RUSSELL DANBY DRIVE of £240,000 on 2nd August 2022. For the value to have increased from £240,000 to £244,444 over the three years and five months to March 2025, the following assumptions must hold true:

• The value of 5 RUSSELL DANBY DRIVE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The August 2022 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 5 RUSSELL DANBY DRIVE has not materially changed since August 2022.

How Large is 5 RUSSELL DANBY DRIVE?

5 RUSSELL DANBY DRIVE is 59m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 10% of detached houses houses in Horncastle, based on EPC data. The below chart shows the distribution of detached houses houses by size in Horncastle, and where 5 RUSSELL DANBY DRIVE lies on this distribution: 3% of detached houses houses are smaller than 5 RUSSELL DANBY DRIVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

5 RUSSELL DANBY DRIVE: Plot and Title Map

5 RUSSELL DANBY DRIVE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 5 RUSSELL DANBY DRIVE, 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 RUSSELL DANBY DRIVE). 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 RUSSELL DANBY DRIVE?

5 RUSSELL DANBY DRIVE is located in HORNCASTLE, in the LN9 postcode district. The below map shows the position of No. 5 on RUSSELL DANBY DRIVE.