14, BANKS STREET, HORNCASTLE, LN9 5BW - £85,000

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.

14 BANKS STREET is a very small terraced house of 54m², built sometime before 1900, which could now be worth an estimated £113,831. It was last sold for £85,000 in February 2018, which was around 23% below the average February 2018 terraced price in the East Lindsey local authority area. The most recent EPC inspection was September 2024, where the current energy rating was D, and the potential energy rating was B.

14 BANKS STREET Sold Prices

Land registry data shows five sales for 14 BANKS STREET since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the East Lindsey local authority area for the corresponding sale date. All of the five 14 BANKS STREET sales 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
2018 26 FEB	£85,000	£109,766	23% below HPI
2017 6 JUN	£86,000	£107,018	20% below HPI
2014 28 OCT	£71,000	£96,374	26% below HPI
2004 25 FEB	£65,000	£75,302	14% below HPI
2001 30 MAR	£28,500	£36,356	22% below HPI

14 BANKS STREET 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 five 14 BANKS STREET sales between March 2001 and February 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 2017 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the February 2018 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 14 BANKS STREET be worth now?

14 BANKS STREET might now be worth an estimated £113,831.

This is based on house price inflation of 33.9%, between February 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 33.9% inflationary increase is applied to the most recent sale price for 14 BANKS STREET of £85,000 on 26th February 2018. For the value to have increased from £85,000 to £113,831 over the six years and six months to August 2025, the following assumptions must hold true:

• The value of 14 BANKS STREET has moved in line with the HPI for terraced houses in the East Lindsey local authority area.
• The February 2018 sale price of £85,000 represented a fair market value for the property.
• The size, condition, and specification of 14 BANKS STREET has not materially changed since February 2018.

How Large is 14 BANKS STREET?

14 BANKS STREET is 54m² according to the EPC inspection conducted in September 2024. This puts it in the smallest 10% 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 14 BANKS STREET lies on this distribution: 1% of terraced houses houses are smaller than 14 BANKS STREET, and 99% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

14 BANKS STREET: Plot and Title Map

14 BANKS STREET sits on a plot of roughly 0.007 of an acre, or 30m². The below map shows the location of 14 BANKS STREET, 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 14 BANKS STREET). 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 14 BANKS STREET?

14 BANKS STREET is located in HORNCASTLE, in the LN9 postcode district. The below map shows the position of No. 14 on BANKS STREET.