CORBIERE, ELMHIRST ROAD, HORNCASTLE, LN9 5AT - £355,000

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.

CORBIERE is a large extended detached house of 121m², built sometime between 1983 and 1990, which could now be worth an estimated £389,233. It was last sold for £355,000 in November 2021, which was around 36% above the average November 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2021, where the current energy rating was B, and the potential energy rating was B.

CORBIERE Sold Prices

Land registry data shows four sales for CORBIERE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the four CORBIERE 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
2021 23 NOV	£355,000	£261,076	36% above HPI
2013 13 FEB	£180,000	£159,641	13% above HPI
1999 23 JUL	£84,000	£68,586	22% above HPI
1998 30 JAN	£82,500	£63,991	29% above HPI

CORBIERE 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 four CORBIERE sales between January 1998 and November 2021 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 February 2013 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the November 2021 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might CORBIERE be worth now?

CORBIERE might now be worth an estimated £389,233.

This is based on house price inflation of 9.6%, between November 2021 and February 2025, for 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 9.6% inflationary increase is applied to the most recent sale price for CORBIERE of £355,000 on 23rd November 2021. For the value to have increased from £355,000 to £389,233 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of CORBIERE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The November 2021 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of CORBIERE has not materially changed since November 2021.

How Large is CORBIERE?

CORBIERE is 121m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the largest 40% of detached houses houses in Horncastle, based on EPC data. The below chart shows the distribution of detached houses houses by size in Horncastle, and where CORBIERE lies on this distribution: 65% of detached houses houses are smaller than CORBIERE, and 35% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

CORBIERE: Plot and Title Map

CORBIERE sits on a plot of roughly 0.309 of an acre, or 1,249m². The below map shows the location of CORBIERE, 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 CORBIERE). 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 CORBIERE?

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