62, LOUTH ROAD, HORNCASTLE, LN9 5EN - £305,000

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

62 LOUTH ROAD is a large extended detached house of 136m², built sometime between 1967 and 1975. It was last sold for £305,000 in January 2018, which was around 45% above the average January 2018 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was C.

62 LOUTH ROAD Sold Prices

Land registry data shows two sales for 62 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 62 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
2018 19 JAN	£305,000	£209,687	45% above HPI
2001 24 SEP	£125,000	£85,238	47% above HPI

62 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 62 LOUTH ROAD sales from September 2001 and January 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 September 2001 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the January 2018 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is 62 LOUTH ROAD?

62 LOUTH ROAD is 136m², which includes two extensions, according to the EPC inspection conducted in May 2017. This puts it in the largest 30% of detached houses in Horncastle, based on EPC data. The below chart shows the distribution of detached houses by size in Horncastle, and where 62 LOUTH ROAD lies on this distribution: 78% of detached houses are smaller than 62 LOUTH ROAD, and 21% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

62 LOUTH ROAD: Plot and Title Map

62 LOUTH ROAD sits on a plot of roughly 0.163 of an acre, or 661m². The below map shows the location of 62 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 62 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 62 LOUTH ROAD?

62 LOUTH ROAD is located in HORNCASTLE, in the LN9 postcode district. The below map shows the position of No. 62 on LOUTH ROAD.