DUNROMIN, BOWL ALLEY LANE, HORNCASTLE, LN9 5EQ - £199,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

DUNROMIN is a small detached house of 89m², built sometime between 1950 and 1966. It was last sold for £199,950 in July 2017, which was around 5% below the average July 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

DUNROMIN Sold Prices

Land registry data shows two sales for DUNROMIN 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 DUNROMIN 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
2017 20 JUL	£199,950	£209,516	5% below HPI
2015 21 JUL	£153,000	£184,584	17% below HPI

DUNROMIN 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 DUNROMIN sales from July 2015 and July 2017 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 July 2015 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the July 2017 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might DUNROMIN be worth now?

DUNROMIN might now be worth an estimated £271,885.

This is based on house price inflation of 36%, between July 2017 and December 2024, 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 36% inflationary increase is applied to the most recent sale price for DUNROMIN of £199,950 on 20th July 2017. For the value to have increased from £199,950 to £271,885 over the six years and seven months to December 2024, the following assumptions must hold true:

• The value of DUNROMIN has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The July 2017 sale price of £199,950 represented a fair market value for the property.
• The size, condition, and specification of DUNROMIN has not materially changed since July 2017.

How Large is DUNROMIN?

DUNROMIN is 89m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 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 DUNROMIN lies on this distribution: 35% of detached houses houses are smaller than DUNROMIN, and 64% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

DUNROMIN: Plot and Title Map

DUNROMIN sits on a plot of roughly 0.133 of an acre, or 540m². The below map shows the location of DUNROMIN, 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 DUNROMIN). 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 DUNROMIN?

DUNROMIN is located on BOWL ALLEY LANE in HORNCASTLE, in the LN9 postcode district. The below map shows the position of DUNROMIN on BOWL ALLEY LANE.