6, MADELY CLOSE, HORNCASTLE, LN9 6RQ - £167,500

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

6 MADELY CLOSE is a very small semi-detached house of 69m², built sometime between 1996 and 2002. It was last sold for £167,500 in June 2021, which was around 30% below the average June 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was December 2020, where the current energy rating was C, and the potential energy rating was B.

6 MADELY CLOSE Sold Prices

Land registry data shows five sales for 6 MADELY CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the five 6 MADELY 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
2021 11 JUN	£167,500	£238,466	30% below HPI
2011 8 DEC	£105,000	£164,498	36% below HPI
2003 25 APR	£92,000	£123,486	25% below HPI
2001 28 SEP	£58,000	£85,238	32% below HPI
2000 15 JUN	£54,750	£74,668	27% below HPI

6 MADELY 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 five 6 MADELY CLOSE sales between June 2000 and June 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 December 2011 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the June 2021 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 6 MADELY CLOSE?

6 MADELY CLOSE is 69m² according to the EPC inspection conducted in December 2020. This puts it in the smallest 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 6 MADELY CLOSE lies on this distribution: 14% of detached houses are smaller than 6 MADELY CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

6 MADELY CLOSE: Plot and Title Map

6 MADELY CLOSE sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 6 MADELY 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 6 MADELY 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 6 MADELY CLOSE?

6 MADELY CLOSE is located in HORNCASTLE, in the LN9 postcode district. The below map shows the position of No. 6 on MADELY CLOSE.