ROOF TREE, BOSTON ROAD, HORNCASTLE, LN9 6HU - £242,000

ROOF TREE is a small detached house of 91m², built sometime between 1950 and 1966. It was last sold for £242,000 in October 2019, which was around 8% above the average October 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was B.

ROOF TREE Sold Prices

Land registry data shows three sales for ROOF TREE 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. One of the three ROOF TREE sales was for above the average price, whilst two were for below 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
2019 17 OCT	£242,000	£224,931	8% above HPI
2016 8 DEC	£187,000	£197,369	5% below HPI
2014 30 SEP	£150,000	£177,757	16% below HPI

ROOF TREE 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 ROOF TREE sales between September 2014 and October 2019 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 December 2016 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the October 2019 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is ROOF TREE?

ROOF TREE is 91m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 40% of detached houses in Horncastle, based on EPC data. The below chart shows the distribution of detached houses by size in Horncastle, and where ROOF TREE lies on this distribution: 39% of detached houses are smaller than ROOF TREE, and 59% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

ROOF TREE: Plot and Title Map

ROOF TREE sits on a plot of roughly 0.233 of an acre, or 942m². The below map shows the location of ROOF TREE, 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 ROOF TREE). 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 ROOF TREE?

ROOF TREE is located on BOSTON ROAD in HORNCASTLE, in the LN9 postcode district. The below map shows the position of ROOF TREE on BOSTON ROAD.