5B, CORN CLOSE, HORNCASTLE, LN9 5ST - £298,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

5B CORN CLOSE is a very large detached house of 143m², built sometime between 2003 and 2006. It was last sold for £298,000 in December 2020, which was around 28% above the average December 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2013, where the current energy rating was C, and the potential energy rating was B.

5B CORN CLOSE Sold Prices

Land registry data shows three sales for 5B CORN CLOSE 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 5B CORN CLOSE 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
2020 11 DEC	£298,000	£233,083	28% above HPI
2019 2 AUG	£289,000	£221,272	31% above HPI
2005 25 OCT	£199,950	£176,098	14% above HPI

5B CORN CLOSE 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 5B CORN CLOSE sales between October 2005 and December 2020 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 August 2019 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the December 2020 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 5B CORN CLOSE?

5B CORN CLOSE is 143m² according to the EPC inspection conducted in February 2013. This puts it in the largest 20% of detached houses in Horncastle, based on EPC data. The below chart shows the distribution of detached houses by size in Horncastle, and where 5B CORN CLOSE lies on this distribution: 83% of detached houses are smaller than 5B CORN CLOSE, and 17% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

5B CORN CLOSE: Plot and Title Map

5B CORN CLOSE sits on a plot of roughly 0.253 of an acre, or 1,023m². The below map shows the location of 5B CORN 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 5B CORN 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 5B CORN CLOSE?

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