GREENFRIARS, BELCHFORD, HORNCASTLE, LN9 6LF - £347,500

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

GREENFRIARS is a large extended detached house of 168m², built sometime before 1900. It was last sold for £347,500 in July 2017, which was around 68% above the average July 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2009, where the current energy rating was E, and the potential energy rating was E.

GREENFRIARS Sold Prices

Land registry data shows two sales for GREENFRIARS 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. One of the two GREENFRIARS sales was for above the average price, whilst the other was roughly equal to 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 11 JUL	£347,500	£206,507	68% above HPI
1997 4 APR	£58,000	£58,054	Close to HPI

GREENFRIARS 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 GREENFRIARS sales from April 1997 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 April 1997 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the July 2017 sale, where it rises to 68% above the HPI. The line then continues to track at 68% above the HPI.

How Large is GREENFRIARS?

GREENFRIARS is 168m², which includes one extension, according to the EPC inspection conducted in July 2009. This puts it in the largest 30% of detached houses in Belchford, based on EPC data. The below chart shows the distribution of detached houses by size in Belchford, and where GREENFRIARS lies on this distribution: 76% of detached houses are smaller than GREENFRIARS, and 24% of houses are larger. Note that EPC data is not available for all properties in Belchford.

GREENFRIARS: Plot and Title Map

GREENFRIARS sits on a plot of roughly 0.237 of an acre, or 959m². The below map shows the location of GREENFRIARS, 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 GREENFRIARS). 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 GREENFRIARS?

GREENFRIARS is located in BELCHFORD, in the LN9 postcode district. The below map shows the position of GREENFRIARS in BELCHFORD.