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

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.

JUBILEE HOUSE is a very small detached house of 63m², built sometime between 1976 and 1982, which could now be worth an estimated £255,375. It was last sold for £250,000 in July 2022, which was around 10% 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	£278,887	10% below HPI
2006 5 MAY	£207,000	£181,899	14% above HPI
2004 5 MAR	£196,250	£152,166	29% above HPI
1998 15 APR	£65,000	£61,247	6% 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 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the July 2022 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might JUBILEE HOUSE be worth now?

JUBILEE HOUSE might now be worth an estimated £255,375.

This is based on house price inflation of 2.1%, between July 2022 and March 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 2.1% inflationary increase is applied to the most recent sale price for JUBILEE HOUSE of £250,000 on 8th July 2022. For the value to have increased from £250,000 to £255,375 over the three years and four months to March 2025, the following assumptions must hold true:

• The value of JUBILEE HOUSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The July 2022 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of JUBILEE HOUSE has not materially changed since July 2022.

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 houses in Horncastle, based on EPC data. The below chart shows the distribution of detached houses houses by size in Horncastle, and where JUBILEE HOUSE lies on this distribution: 7% of detached houses 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 0.198 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.