8, SOUTHWELLS LANE, HORNCASTLE, LN9 5DT - £153,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 SOUTHWELLS LANE is a large semi-detached house of 119m², which could now be worth an estimated £272,541. It was last sold for £153,000 in April 2011, which was around 41% above the average April 2011 semi-detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2011, where the current energy rating was C, and the potential energy rating was C.

8 SOUTHWELLS LANE Sold Prices

Land registry data shows two sales for 8 SOUTHWELLS LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two 8 SOUTHWELLS LANE 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
2011 4 APR	£153,000	£108,453	41% above HPI
2009 30 APR	£160,000	£109,847	46% above HPI

8 SOUTHWELLS LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Lindsey local authority area over time, sourced from the HPI. The two 8 SOUTHWELLS LANE sales from April 2009 and April 2011 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 April 2009 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the April 2011 sale, where it falls to 41% above the HPI. The line then continues to track at 41% above the HPI.

What might 8 SOUTHWELLS LANE be worth now?

8 SOUTHWELLS LANE might now be worth an estimated £272,541.

This is based on house price inflation of 78.1%, between April 2011 and March 2025, for semi-detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 78.1% inflationary increase is applied to the most recent sale price for 8 SOUTHWELLS LANE of £153,000 on 4th April 2011. For the value to have increased from £153,000 to £272,541 over the fourteen years and one month to March 2025, the following assumptions must hold true:

• The value of 8 SOUTHWELLS LANE has moved in line with the HPI for semi-detached houses in the East Lindsey local authority area.
• The April 2011 sale price of £153,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SOUTHWELLS LANE has not materially changed since April 2011.

How Large is 8 SOUTHWELLS LANE?

8 SOUTHWELLS LANE is 119m² according to the EPC inspection conducted in February 2011. This puts it in the largest 40% of semi-detached houses houses in Horncastle, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Horncastle, and where 8 SOUTHWELLS LANE lies on this distribution: 63% of semi-detached houses houses are smaller than 8 SOUTHWELLS LANE, and 37% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

8 SOUTHWELLS LANE: Plot and Title Map

8 SOUTHWELLS LANE sits on a plot of roughly 0.036 of an acre, or 144m². The below map shows the location of 8 SOUTHWELLS LANE, 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 SOUTHWELLS LANE). 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 SOUTHWELLS LANE?

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