6, STANHOPE ROAD, HORNCASTLE, LN9 5DG - £490,000

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

6 STANHOPE ROAD is a very large extended detached house of 169m², built sometime between 1983 and 1990. It was last sold for £490,000 in January 2024, which was around 79% above the average January 2024 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was C.

6 STANHOPE ROAD Sold Prices

Land registry data shows four sales for 6 STANHOPE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the four 6 STANHOPE 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
2024 24 JAN	£490,000	£274,202	79% above HPI
2020 11 JUN	£370,000	£218,791	69% above HPI
2014 25 NOV	£310,000	£177,608	75% above HPI
2007 15 MAR	£237,000	£183,016	29% above HPI

6 STANHOPE 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 four 6 STANHOPE ROAD sales between March 2007 and January 2024 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 2020 sale was for 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the January 2024 sale, where it rises to 79% above the HPI. The line then continues to track at 79% above the HPI.

How Large is 6 STANHOPE ROAD?

6 STANHOPE ROAD is 169m², which includes three extensions, according to the EPC inspection conducted in October 2013. This puts it in the largest 10% 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 STANHOPE ROAD lies on this distribution: 90% of detached houses are smaller than 6 STANHOPE ROAD, and 10% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

6 STANHOPE ROAD: Plot and Title Map

6 STANHOPE ROAD sits on a plot of roughly 0.418 of an acre, or 1,690m². The below map shows the location of 6 STANHOPE 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 6 STANHOPE 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 6 STANHOPE ROAD?

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