8, WILLOW CLOSE, HORNCASTLE, LN9 5BH - £166,000

8 WILLOW CLOSE is a small detached house of 86m², built sometime between 1976 and 1982. It was last sold for £166,000 in June 2015, which was around 8% below the average June 2015 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2009, where the current energy rating was C, and the potential energy rating was C.

8 WILLOW CLOSE Sold Prices

Land registry data shows three sales for 8 WILLOW CLOSE 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 WILLOW 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
2015 22 JUN	£166,000	£180,157	8% below HPI
1999 3 DEC	£53,250	£71,069	25% below HPI
1997 11 APR	£48,000	£58,054	17% below HPI

8 WILLOW 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 three 8 WILLOW CLOSE sales between April 1997 and June 2015 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 1999 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2015 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 8 WILLOW CLOSE?

8 WILLOW CLOSE is 86m² according to the EPC inspection conducted in March 2009. This puts it in the smallest 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 WILLOW CLOSE lies on this distribution: 34% of detached houses are smaller than 8 WILLOW CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

8 WILLOW CLOSE: Plot and Title Map

8 WILLOW CLOSE sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 8 WILLOW 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 8 WILLOW 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 8 WILLOW CLOSE?

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