10, SOUTHWELLS LANE, HORNCASTLE, LN9 5DT - £175,000

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.

10 SOUTHWELLS LANE is a large terraced house of 125m², built sometime from 2007 onwards, which could now be worth an estimated £225,112. It was last sold for £175,000 in November 2018, which was around 53% above the average November 2018 terraced price in the East Lindsey local authority area. The most recent EPC inspection was September 2009, where the current energy rating was C, and the potential energy rating was C.

10 SOUTHWELLS LANE Sold Prices

Land registry data shows three sales for 10 SOUTHWELLS LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the East Lindsey local authority area for the corresponding sale date. All of the three 10 SOUTHWELLS LANE 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 13 NOV	£175,000	£114,274	53% above HPI
2014 23 JUN	£143,000	£94,623	51% above HPI
2008 21 APR	£190,000	£98,677	93% above HPI

10 SOUTHWELLS LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the East Lindsey local authority area over time, sourced from the HPI. The three 10 SOUTHWELLS LANE sales between April 2008 and November 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 June 2014 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the November 2018 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.

What might 10 SOUTHWELLS LANE be worth now?

10 SOUTHWELLS LANE might now be worth an estimated £225,112.

This is based on house price inflation of 28.6%, between November 2018 and August 2025, for terraced 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 28.6% inflationary increase is applied to the most recent sale price for 10 SOUTHWELLS LANE of £175,000 on 13th November 2018. For the value to have increased from £175,000 to £225,112 over the seven years and three months to August 2025, the following assumptions must hold true:

• The value of 10 SOUTHWELLS LANE has moved in line with the HPI for terraced houses in the East Lindsey local authority area.
• The November 2018 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 10 SOUTHWELLS LANE has not materially changed since November 2018.

How Large is 10 SOUTHWELLS LANE?

10 SOUTHWELLS LANE is 125m² according to the EPC inspection conducted in September 2009. This puts it in the largest 40% of terraced houses houses in Horncastle, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Horncastle, and where 10 SOUTHWELLS LANE lies on this distribution: 67% of terraced houses houses are smaller than 10 SOUTHWELLS LANE, and 33% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

10 SOUTHWELLS LANE: Plot and Title Map

10 SOUTHWELLS LANE sits on a plot of roughly 0.020 of an acre, or 79m². The below map shows the location of 10 SOUTHWELLS LANE, 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 10 SOUTHWELLS LANE). 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 10 SOUTHWELLS LANE?

10 SOUTHWELLS LANE is located in HORNCASTLE, in the LN9 postcode district. The below map shows the position of No. 10 on SOUTHWELLS LANE.