7, THOMAS SULLY CLOSE, HORNCASTLE, LN9 5GF - £185,000

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 THOMAS SULLY CLOSE is a very small detached house of 60m², built sometime between 1996 and 2002. It was last sold for £185,000 in August 2018, which was around 15% below the average August 2018 detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

7 THOMAS SULLY CLOSE Sold Prices

Land registry data shows four sales for 7 THOMAS SULLY CLOSE 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 7 THOMAS SULLY 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
2018 7 AUG	£185,000	£218,460	15% below HPI
2016 8 JUL	£164,500	£189,070	13% below HPI
2008 31 JUL	£167,500	£177,442	6% below HPI
2003 14 MAR	£117,500	£121,304	3% below HPI

7 THOMAS SULLY 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 four 7 THOMAS SULLY CLOSE sales between March 2003 and August 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 July 2016 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2018 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 7 THOMAS SULLY CLOSE?

7 THOMAS SULLY CLOSE is 60m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 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 7 THOMAS SULLY CLOSE lies on this distribution: 6% of detached houses are smaller than 7 THOMAS SULLY CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

7 THOMAS SULLY CLOSE: Plot and Title Map

7 THOMAS SULLY CLOSE sits on a plot of roughly 0.093 of an acre, or 378m². The below map shows the location of 7 THOMAS SULLY 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 THOMAS SULLY 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 THOMAS SULLY CLOSE?

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