16, THE WONG, HORNCASTLE, LN9 6EA - £180,000

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.

16 THE WONG is a very large extended semi-detached house of 161m², built sometime before 1900, which could now be worth an estimated £301,147. It was last sold for £180,000 in May 2013, which was around 56% above the average May 2013 semi-detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2024, where the current energy rating was E, and the potential energy rating was B.

16 THE WONG Sold Prices

Land registry data shows three sales for 16 THE WONG since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the East Lindsey local authority area for the corresponding sale date. All of the three 16 THE WONG 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
2013 31 MAY	£180,000	£115,472	56% above HPI
2006 13 DEC	£215,000	£121,707	77% above HPI
2001 9 MAR	£85,000	£48,120	77% above HPI

16 THE WONG Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Lindsey local authority area over time, sourced from the HPI. The three 16 THE WONG sales between March 2001 and May 2013 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 2006 sale was for 77% above the HPI. So the extrapolation line tracks at 77% above the HPI over time, until the May 2013 sale, where it falls to 56% above the HPI. The line then continues to track at 56% above the HPI.

What might 16 THE WONG be worth now?

16 THE WONG might now be worth an estimated £301,147.

This is based on house price inflation of 67.3%, between May 2013 and March 2025, for semi-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 67.3% inflationary increase is applied to the most recent sale price for 16 THE WONG of £180,000 on 31st May 2013. For the value to have increased from £180,000 to £301,147 over the twelve years and two months to March 2025, the following assumptions must hold true:

• The value of 16 THE WONG has moved in line with the HPI for semi-detached houses in the East Lindsey local authority area.
• The May 2013 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 16 THE WONG has not materially changed since May 2013.

How Large is 16 THE WONG?

16 THE WONG is 161m², which includes one extension, according to the EPC inspection conducted in June 2024. This puts it in the largest 20% of semi-detached houses houses in Horncastle, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Horncastle, and where 16 THE WONG lies on this distribution: 88% of semi-detached houses houses are smaller than 16 THE WONG, and 12% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

16 THE WONG: Plot and Title Map

16 THE WONG sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of 16 THE WONG, 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 16 THE WONG). 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 16 THE WONG?

16 THE WONG is located in HORNCASTLE, in the LN9 postcode district. The below map shows the position of No. 16 on THE WONG.