24, ROMAN WAY, HORNCASTLE, LN9 6PL - £200,000

24 ROMAN WAY is a very small detached house of 67m², built sometime between 1976 and 1982. It was last sold for £200,000 in September 2022, which was around 28% below the average September 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2022, where the current energy rating was E, and the potential energy rating was B.

24 ROMAN WAY Sold Prices

Land registry data shows seven sales for 24 ROMAN WAY since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the seven 24 ROMAN WAY 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 20 SEP	£200,000	£277,865	28% below HPI
2005 29 SEP	£149,500	£173,416	14% below HPI
2004 24 JUN	£133,000	£157,863	16% below HPI
2003 1 AUG	£100,000	£135,527	26% below HPI
2002 24 MAY	£82,000	£98,349	17% below HPI
2000 31 OCT	£65,000	£75,544	14% below HPI
2000 26 JAN	£52,000	£72,598	28% below HPI

24 ROMAN 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 seven 24 ROMAN WAY sales between January 2000 and September 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 September 2005 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2022 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 24 ROMAN WAY?

24 ROMAN WAY is 67m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 20% of detached houses in Horncastle, based on EPC data. The below chart shows the distribution of detached houses by size in Horncastle, and where 24 ROMAN WAY lies on this distribution: 13% of detached houses are smaller than 24 ROMAN WAY, and 86% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

24 ROMAN WAY: Plot and Title Map

24 ROMAN WAY sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 24 ROMAN 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 24 ROMAN 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 24 ROMAN WAY?

24 ROMAN WAY is located in HORNCASTLE, in the LN9 postcode district. The below map shows the position of No. 24 on ROMAN WAY.