MAREHAM ROAD HOUSE, MAREHAM ROAD, HORNCASTLE, LN9 6PH - £325,000

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.

MAREHAM ROAD HOUSE is a very large extended detached house of 169m², built sometime between 1900 and 1929, which could now be worth an estimated £419,738. It was last sold for £325,000 in August 2018, which was around 47% above the average August 2018 detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was D.

MAREHAM ROAD HOUSE Sold Prices

Land registry data shows three sales for MAREHAM ROAD HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the three MAREHAM ROAD 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
2018 3 AUG	£325,000	£221,643	47% above HPI
2015 9 SEP	£231,000	£189,973	22% above HPI
2004 28 SEP	£220,000	£165,938	33% above HPI

MAREHAM ROAD 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 three MAREHAM ROAD HOUSE sales between September 2004 and August 2018 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 September 2015 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the August 2018 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.

What might MAREHAM ROAD HOUSE be worth now?

MAREHAM ROAD HOUSE might now be worth an estimated £419,738.

This is based on house price inflation of 29.2%, between August 2018 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 29.2% inflationary increase is applied to the most recent sale price for MAREHAM ROAD HOUSE of £325,000 on 3rd August 2018. For the value to have increased from £325,000 to £419,738 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of MAREHAM ROAD HOUSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The August 2018 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of MAREHAM ROAD HOUSE has not materially changed since August 2018.

How Large is MAREHAM ROAD HOUSE?

MAREHAM ROAD HOUSE is 169m², which includes two extensions, according to the EPC inspection conducted in April 2018. This puts it in the largest 20% 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 MAREHAM ROAD HOUSE lies on this distribution: 89% of detached houses houses are smaller than MAREHAM ROAD HOUSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

MAREHAM ROAD HOUSE: Plot and Title Map

MAREHAM ROAD HOUSE sits on a plot of roughly 0.209 of an acre, or 847m². The below map shows the location of MAREHAM ROAD 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 MAREHAM ROAD 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 MAREHAM ROAD HOUSE?

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