54, LOUTH ROAD, HORNCASTLE, LN9 5EN - £242,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

54 LOUTH ROAD is a midsized extended detached house of 95m², built sometime between 1976 and 1982. It was last sold for £242,500 in July 2021, which was around 1% above the average July 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was B.

54 LOUTH ROAD Sold Prices

Land registry data shows two sales for 54 LOUTH ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two 54 LOUTH ROAD sales were for above 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 JUL	£242,500	£239,638	1% above HPI
1999 3 SEP	£73,000	£68,475	7% above HPI

54 LOUTH ROAD 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 two 54 LOUTH ROAD sales from September 1999 and July 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 September 1999 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the July 2021 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 54 LOUTH ROAD?

54 LOUTH ROAD is 95m², which includes two extensions, according to the EPC inspection conducted in March 2021. This puts it in the smallest 50% of detached houses in Horncastle, based on EPC data. The below chart shows the distribution of detached houses by size in Horncastle, and where 54 LOUTH ROAD lies on this distribution: 45% of detached houses are smaller than 54 LOUTH ROAD, and 53% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

54 LOUTH ROAD: Plot and Title Map

54 LOUTH ROAD sits on a plot of roughly 0.110 of an acre, or 445m². The below map shows the location of 54 LOUTH ROAD, 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 54 LOUTH ROAD). 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 54 LOUTH ROAD?

54 LOUTH ROAD is located in HORNCASTLE, in the LN9 postcode district. The below map shows the position of No. 54 on LOUTH ROAD.