Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
70 BANOVALLUM GARDENS is a very small extended detached house of 70m², built sometime between 1991 and 1995. It was last sold for £140,000 in December 2017, which was around 33% below the average December 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 70 BANOVALLUM GARDENS since 1st 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 70 BANOVALLUM GARDENS 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 |
---|---|---|---|
2017 21 DEC | £140,000 | £208,598 | 33% below HPI |
2006 24 AUG | £127,500 | £176,973 | 28% below HPI |
2004 6 APR | £118,000 | £151,848 | 22% below HPI |
2001 30 APR | £55,000 | £78,743 | 30% below HPI |
The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The four 70 BANOVALLUM GARDENS sales between April 2001 and December 2017 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 August 2006 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the December 2017 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.
70 BANOVALLUM GARDENS is 70m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the smallest 20% of detached houses in Horncastle, based on EPC data. The below chart shows the distribution of detached houses by size in Horncastle, and where 70 BANOVALLUM GARDENS lies on this distribution: 15% of detached houses are smaller than 70 BANOVALLUM GARDENS, and 85% of houses are larger. Note that EPC data is not available for all properties in Horncastle.
70 BANOVALLUM GARDENS sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 70 BANOVALLUM GARDENS, 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 70 BANOVALLUM GARDENS). 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.
70 BANOVALLUM GARDENS is located in HORNCASTLE, in the LN9 postcode district. The below map shows the position of No. 70 on BANOVALLUM GARDENS.