8, BONNETABLE ROAD, HORNCASTLE, LN9 6RH - £320,000

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

8 BONNETABLE ROAD is a large detached house of 122m², built sometime between 1996 and 2002. It was last sold for £320,000 in October 2023, which was around 15% above the average October 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was C.

8 BONNETABLE ROAD Sold Prices

Land registry data shows three sales for 8 BONNETABLE ROAD 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 8 BONNETABLE ROAD 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
2023 16 OCT	£320,000	£277,683	15% above HPI
2004 8 DEC	£222,500	£169,725	31% above HPI
1998 23 OCT	£86,995	£64,551	35% above HPI

8 BONNETABLE ROAD 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 8 BONNETABLE ROAD sales between October 1998 and October 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 2004 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the October 2023 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 8 BONNETABLE ROAD?

8 BONNETABLE ROAD is 122m² according to the EPC inspection conducted in May 2017. This puts it in the largest 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 8 BONNETABLE ROAD lies on this distribution: 66% of detached houses are smaller than 8 BONNETABLE ROAD, and 34% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

8 BONNETABLE ROAD: Plot and Title Map

8 BONNETABLE ROAD sits on a plot of roughly 0.146 of an acre, or 593m². The below map shows the location of 8 BONNETABLE ROAD, 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 8 BONNETABLE ROAD). 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 8 BONNETABLE ROAD?

8 BONNETABLE ROAD is located in HORNCASTLE, in the LN9 postcode district. The below map shows the position of No. 8 on BONNETABLE ROAD.