51, COLLEGE CLOSE, HORNCASTLE, LN9 6BZ - £157,500

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.

51 COLLEGE CLOSE is a very small semi-detached house of 47m², built sometime between 1996 and 2002, which could now be worth an estimated £162,468. It was last sold for £157,500 in October 2022, which was around 16% below the average October 2022 semi-detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

51 COLLEGE CLOSE Sold Prices

Land registry data shows three sales for 51 COLLEGE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the East Lindsey local authority area for the corresponding sale date. All of the three 51 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
2022 17 OCT	£157,500	£187,282	16% below HPI
2002 26 JUN	£59,000	£63,305	7% below HPI
2001 12 APR	£38,000	£49,878	24% below HPI

51 COLLEGE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Lindsey local authority area over time, sourced from the HPI. The three 51 COLLEGE CLOSE sales between April 2001 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 June 2002 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the October 2022 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 51 COLLEGE CLOSE be worth now?

51 COLLEGE CLOSE might now be worth an estimated £162,468.

This is based on house price inflation of 3.2%, between October 2022 and March 2025, for semi-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 3.2% inflationary increase is applied to the most recent sale price for 51 COLLEGE CLOSE of £157,500 on 17th October 2022. For the value to have increased from £157,500 to £162,468 over the three years and seven months to March 2025, the following assumptions must hold true:

• The value of 51 COLLEGE CLOSE has moved in line with the HPI for semi-detached houses in the East Lindsey local authority area.
• The October 2022 sale price of £157,500 represented a fair market value for the property.
• The size, condition, and specification of 51 COLLEGE CLOSE has not materially changed since October 2022.

How Large is 51 COLLEGE CLOSE?

51 COLLEGE CLOSE is 47m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 10% of semi-detached houses houses in Horncastle, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Horncastle, and where 51 COLLEGE CLOSE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 51 COLLEGE CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

51 COLLEGE CLOSE: Plot and Title Map

51 COLLEGE CLOSE sits on a plot of roughly 0.051 of an acre, or 205m². The below map shows the location of 51 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 51 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 51 COLLEGE CLOSE?

51 COLLEGE CLOSE is located in HORNCASTLE, in the LN9 postcode district. The below map shows the position of No. 51 on COLLEGE CLOSE.