JUBILEE HOUSE, WARING STREET, HORNCASTLE, LN9 6DY - £250,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

JUBILEE HOUSE is a very small detached house of 63m², built sometime between 1976 and 1982. It was last sold for £250,000 in July 2022, which was around 9% below the average July 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2013, where the current energy rating was C, and the potential energy rating was C.

JUBILEE HOUSE Sold Prices

Land registry data shows four sales for JUBILEE HOUSE 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. Most of the four JUBILEE HOUSE 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
2022 8 JUL	£250,000	£274,882	9% below HPI
2006 5 MAY	£207,000	£179,287	15% above HPI
2004 5 MAR	£196,250	£149,981	31% above HPI
1998 15 APR	£65,000	£60,367	8% above HPI

JUBILEE HOUSE 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 JUBILEE HOUSE sales between April 1998 and July 2022 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 May 2006 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the July 2022 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is JUBILEE HOUSE?

JUBILEE HOUSE is 63m² according to the EPC inspection conducted in January 2013. This puts it in the smallest 10% of detached houses in Horncastle, based on EPC data. The below chart shows the distribution of detached houses by size in Horncastle, and where JUBILEE HOUSE lies on this distribution: 7% of detached houses are smaller than JUBILEE HOUSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

JUBILEE HOUSE: Plot and Title Map

JUBILEE HOUSE sits on a plot of roughly 0.199 of an acre, or 803m². The below map shows the location of JUBILEE HOUSE, 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 JUBILEE HOUSE). 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 JUBILEE HOUSE?

JUBILEE HOUSE is located on WARING STREET in HORNCASTLE, in the LN9 postcode district. The below map shows the position of JUBILEE HOUSE on WARING STREET.