4, CHESTNUT CLOSE, HORNCASTLE, LN9 5ET - £248,000

4 CHESTNUT CLOSE is a midsized extended detached house of 112m², built sometime between 1976 and 1982. It was last sold for £248,000 in October 2017, which was around 19% above the average October 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

4 CHESTNUT CLOSE Sold Prices

Land registry data shows five sales for 4 CHESTNUT CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the five 4 CHESTNUT CLOSE 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
2017 6 OCT	£248,000	£209,258	19% above HPI
2016 1 SEP	£241,000	£191,934	26% above HPI
2004 17 AUG	£215,000	£161,119	33% above HPI
1997 3 OCT	£76,000	£61,363	24% above HPI
1995 22 DEC	£60,000	£56,757	6% above HPI

4 CHESTNUT CLOSE 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 five 4 CHESTNUT CLOSE sales between December 1995 and October 2017 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 2016 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the October 2017 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 4 CHESTNUT CLOSE?

4 CHESTNUT CLOSE is 112m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the largest 40% of detached houses in Horncastle, based on EPC data. The below chart shows the distribution of detached houses by size in Horncastle, and where 4 CHESTNUT CLOSE lies on this distribution: 59% of detached houses are smaller than 4 CHESTNUT CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

4 CHESTNUT CLOSE: Plot and Title Map

4 CHESTNUT CLOSE sits on a plot of roughly 0.138 of an acre, or 557m². The below map shows the location of 4 CHESTNUT CLOSE, 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 4 CHESTNUT CLOSE). 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 4 CHESTNUT CLOSE?

4 CHESTNUT CLOSE is located in HORNCASTLE, in the LN9 postcode district. The below map shows the position of No. 4 on CHESTNUT CLOSE.