WYKEHURST, STANHOPE ROAD, HORNCASTLE, LN9 5EL - £225,000

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

WYKEHURST is a large detached house of 115m², built sometime between 1950 and 1966. It was last sold for £225,000 in October 2007, which was around 20% above the average October 2007 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

WYKEHURST Sold Prices

Land registry data shows two sales for WYKEHURST 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. One of the two WYKEHURST sales was for above the average price, whilst the other was 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
2007 18 OCT	£225,000	£188,072	20% above HPI
2006 10 JAN	£70,000	£167,223	58% below HPI

WYKEHURST 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 WYKEHURST sales from January 2006 and October 2007 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 January 2006 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the October 2007 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is WYKEHURST?

WYKEHURST is 115m² according to the EPC inspection conducted in November 2021. This puts it in the largest 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 WYKEHURST lies on this distribution: 61% of detached houses are smaller than WYKEHURST, and 38% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

WYKEHURST: Plot and Title Map

WYKEHURST sits on a plot of roughly 0.096 of an acre, or 388m². The below map shows the location of WYKEHURST, 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 WYKEHURST). 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 WYKEHURST?

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