56, PROSPECT STREET, HORNCASTLE, LN9 5BA - £250,000

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

56 PROSPECT STREET is a large detached house of 113m², built sometime before 1900. It was last sold for £250,000 in September 2018, which was around 12% above the average September 2018 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2010, where the current energy rating was E, and the potential energy rating was E.

56 PROSPECT STREET Sold Prices

Land registry data shows two sales for 56 PROSPECT STREET 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 56 PROSPECT STREET 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
2018 4 SEP	£250,000	£222,708	12% above HPI
2010 17 NOV	£185,000	£165,561	12% above HPI

56 PROSPECT STREET 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 56 PROSPECT STREET sales from November 2010 and September 2018 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 November 2010 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the September 2018 sale, which was also at 12% above the HPI.

How Large is 56 PROSPECT STREET?

56 PROSPECT STREET is 113m² according to the EPC inspection conducted in March 2010. This puts it in the largest 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 56 PROSPECT STREET lies on this distribution: 61% of detached houses are smaller than 56 PROSPECT STREET, and 39% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

56 PROSPECT STREET: Plot and Title Map

56 PROSPECT STREET sits on a plot of roughly 0.239 of an acre, or 967m². The below map shows the location of 56 PROSPECT STREET, 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 56 PROSPECT STREET). 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 56 PROSPECT STREET?

56 PROSPECT STREET is located in HORNCASTLE, in the LN9 postcode district. The below map shows the position of No. 56 on PROSPECT STREET.