2, STOURTON PLACE, HORNCASTLE, LN9 5AZ - £125,000

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.

2 STOURTON PLACE is a very small extended terraced house of 61m², built sometime before 1900, which could now be worth an estimated £122,484. It was last sold for £125,000 in November 2022, which was around 17% below the average November 2022 terraced price in the East Lindsey local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

2 STOURTON PLACE Sold Prices

Land registry data shows two sales for 2 STOURTON PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the East Lindsey local authority area for the corresponding sale date. Both of the two 2 STOURTON PLACE 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
2022 8 NOV	£125,000	£150,017	17% below HPI
1996 14 OCT	£14,500	£28,323	49% below HPI

2 STOURTON PLACE 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 two 2 STOURTON PLACE sales from October 1996 and November 2022 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 October 1996 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the November 2022 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 2 STOURTON PLACE be worth now?

2 STOURTON PLACE might now be worth an estimated £122,484.

This is based on house price deflation of 2%, between November 2022 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 2% deflationary decrease is applied to the most recent sale price for 2 STOURTON PLACE of £125,000 on 8th November 2022. For the value to have decreased from £125,000 to £122,484 over the three years and three months to August 2025, the following assumptions must hold true:

• The value of 2 STOURTON PLACE has moved in line with the HPI for terraced houses in the East Lindsey local authority area.
• The November 2022 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 2 STOURTON PLACE has not materially changed since November 2022.

How Large is 2 STOURTON PLACE?

2 STOURTON PLACE is 61m², which includes one extension, according to the EPC inspection conducted in February 2020. 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 2 STOURTON PLACE lies on this distribution: 5% of terraced houses houses are smaller than 2 STOURTON PLACE, and 94% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

2 STOURTON PLACE: Plot and Title Map

2 STOURTON PLACE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 2 STOURTON PLACE, 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 2 STOURTON PLACE). 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 2 STOURTON PLACE?

2 STOURTON PLACE is located in HORNCASTLE, in the LN9 postcode district. The below map shows the position of No. 2 on STOURTON PLACE.