12, MALTBY WAY, HORNCASTLE, LN9 6QX - £170,000

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.

12 MALTBY WAY is a midsized detached house of 103m², which could now be worth an estimated £271,052. It was last sold for £170,000 in June 2012, which was around 3% above the average June 2012 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2009, where the current energy rating was C, and the potential energy rating was B.

12 MALTBY WAY Sold Prices

Land registry data shows two sales for 12 MALTBY WAY 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 12 MALTBY WAY 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
2012 27 JUN	£170,000	£165,081	3% above HPI
2009 20 NOV	£174,950	£166,643	5% above HPI

12 MALTBY WAY 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 12 MALTBY WAY sales from November 2009 and June 2012 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 November 2009 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the June 2012 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 12 MALTBY WAY be worth now?

12 MALTBY WAY might now be worth an estimated £271,052.

This is based on house price inflation of 59.4%, between June 2012 and June 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 59.4% inflationary increase is applied to the most recent sale price for 12 MALTBY WAY of £170,000 on 27th June 2012. For the value to have increased from £170,000 to £271,052 over the thirteen years to June 2025, the following assumptions must hold true:

• The value of 12 MALTBY WAY has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The June 2012 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 12 MALTBY WAY has not materially changed since June 2012.

How Large is 12 MALTBY WAY?

12 MALTBY WAY is 103m² according to the EPC inspection conducted in October 2009. This puts it in the largest 50% 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 12 MALTBY WAY lies on this distribution: 50% of detached houses houses are smaller than 12 MALTBY WAY, and 49% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

12 MALTBY WAY: Plot and Title Map

12 MALTBY WAY sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 12 MALTBY WAY, 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 12 MALTBY WAY). 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 12 MALTBY WAY?

12 MALTBY WAY is located in HORNCASTLE, in the LN9 postcode district. The below map shows the position of No. 12 on MALTBY WAY.