72, MARK AVENUE, HORNCASTLE, LN9 5BD - £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

72 MARK AVENUE is a very small detached house of 69m², built sometime between 1983 and 1990. It was last sold for £240,000 in June 2023, which was around 11% below the average June 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

72 MARK AVENUE Sold Prices

Land registry data shows three sales for 72 MARK AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the three 72 MARK AVENUE 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
2023 30 JUN	£240,000	£270,082	11% below HPI
2018 14 DEC	£188,000	£216,134	13% below HPI
2016 16 MAY	£130,000	£191,921	32% below HPI

72 MARK AVENUE 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 three 72 MARK AVENUE sales between May 2016 and June 2023 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 December 2018 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the June 2023 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 72 MARK AVENUE?

72 MARK AVENUE is 69m² according to the EPC inspection conducted in September 2015. 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 72 MARK AVENUE lies on this distribution: 14% of detached houses are smaller than 72 MARK AVENUE, and 85% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

72 MARK AVENUE: Plot and Title Map

72 MARK AVENUE sits on a plot of roughly 0.108 of an acre, or 435m². The below map shows the location of 72 MARK AVENUE, 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 72 MARK AVENUE). 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 72 MARK AVENUE?

72 MARK AVENUE is located in HORNCASTLE, in the LN9 postcode district. The below map shows the position of No. 72 on MARK AVENUE.