BURLEY, BOSTON ROAD, HORNCASTLE, LN9 6HU - £140,000

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

BURLEY is a very small detached house of 65m², built sometime between 1900 and 1929. It was last sold for £140,000 in April 2011, which was around 13% below the average April 2011 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2010, where the current energy rating was D, and the potential energy rating was D.

BURLEY Sold Prices

Land registry data shows two sales for BURLEY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two BURLEY 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
2011 15 APR	£140,000	£161,407	13% below HPI
2006 15 MAR	£123,000	£168,359	27% below HPI

BURLEY 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 two BURLEY sales from March 2006 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 March 2006 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the April 2011 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is BURLEY?

BURLEY is 65m² according to the EPC inspection conducted in October 2010. 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 BURLEY lies on this distribution: 11% of detached houses are smaller than BURLEY, and 89% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

BURLEY: Plot and Title Map

BURLEY sits on a plot of roughly 0.124 of an acre, or 503m². The below map shows the location of BURLEY, 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 BURLEY). 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 BURLEY?

BURLEY is located on BOSTON ROAD in HORNCASTLE, in the LN9 postcode district. The below map shows the position of BURLEY on BOSTON ROAD.