7, OSBORNE WAY, HORNCASTLE, LN9 5GB - £240,000

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 OSBORNE WAY is a large detached house of 131m², built sometime between 1996 and 2002. It was last sold for £240,000 in October 2009, which was around 45% above the average October 2009 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was C.

7 OSBORNE WAY Sold Prices

Land registry data shows two sales for 7 OSBORNE WAY 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 OSBORNE WAY 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
2009 15 OCT	£240,000	£165,414	45% above HPI
2003 30 MAY	£234,500	£127,898	83% above HPI

7 OSBORNE WAY 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 OSBORNE WAY sales from May 2003 and October 2009 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 May 2003 sale was for 83% above the HPI. So the extrapolation line tracks at 83% above the HPI over time, until the October 2009 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is 7 OSBORNE WAY?

7 OSBORNE WAY is 131m² according to the EPC inspection conducted in July 2009. 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 7 OSBORNE WAY lies on this distribution: 74% of detached houses are smaller than 7 OSBORNE WAY, and 26% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

7 OSBORNE WAY: Plot and Title Map

7 OSBORNE WAY sits on a plot of roughly 0.150 of an acre, or 607m². The below map shows the location of 7 OSBORNE WAY, 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 OSBORNE WAY). 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 OSBORNE WAY?

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