7, MILLSTONE CLOSE, HORNCASTLE, LN9 5SU - £205,000

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

7 MILLSTONE CLOSE is a small detached house of 90m², built sometime between 1996 and 2002. It was last sold for £205,000 in July 2011, which was around 22% above the average July 2011 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2011, where the current energy rating was E, and the potential energy rating was D.

7 MILLSTONE CLOSE Sold Prices

Land registry data shows two sales for 7 MILLSTONE CLOSE 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 7 MILLSTONE 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
2011 4 JUL	£205,000	£168,467	22% above HPI
1998 11 SEP	£79,950	£65,381	22% above HPI

7 MILLSTONE 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 two 7 MILLSTONE CLOSE sales from September 1998 and July 2011 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 1998 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the July 2011 sale, which was also at 22% above the HPI.

How Large is 7 MILLSTONE CLOSE?

7 MILLSTONE CLOSE is 90m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 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 7 MILLSTONE CLOSE lies on this distribution: 38% of detached houses are smaller than 7 MILLSTONE CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

7 MILLSTONE CLOSE: Plot and Title Map

7 MILLSTONE CLOSE sits on a plot of roughly 0.142 of an acre, or 575m². The below map shows the location of 7 MILLSTONE 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 7 MILLSTONE 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 7 MILLSTONE CLOSE?

7 MILLSTONE CLOSE is located in HORNCASTLE, in the LN9 postcode district. The below map shows the position of No. 7 on MILLSTONE CLOSE.