PHOENIX HOUSE, CAGTHORPE, HORNCASTLE, LN9 6DZ - £220,000

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

PHOENIX HOUSE is a large detached house of 133m², built sometime between 1976 and 1982. It was last sold for £220,000 in May 2014, which was around 28% above the average May 2014 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was C.

PHOENIX HOUSE Sold Prices

Land registry data shows two sales for PHOENIX HOUSE 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 PHOENIX 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
2014 20 MAY	£220,000	£172,441	28% above HPI
2005 21 OCT	£195,000	£176,098	11% above HPI

PHOENIX 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 two PHOENIX HOUSE sales from October 2005 and May 2014 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 October 2005 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the May 2014 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is PHOENIX HOUSE?

PHOENIX HOUSE is 133m² according to the EPC inspection conducted in October 2013. This puts it in the largest 30% of detached houses in Horncastle, based on EPC data. The below chart shows the distribution of detached houses by size in Horncastle, and where PHOENIX HOUSE lies on this distribution: 75% of detached houses are smaller than PHOENIX HOUSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

PHOENIX HOUSE: Plot and Title Map

PHOENIX HOUSE sits on a plot of roughly 0.162 of an acre, or 657m². The below map shows the location of PHOENIX 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 PHOENIX 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 PHOENIX HOUSE?

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