4, ELSOM WAY, HORNCASTLE, LN9 5SW - £382,000

4 ELSOM WAY is a midsized detached house of 104m², built sometime between 2003 and 2006. It was last sold for £382,000 in April 2023, which was around 37% above the average April 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.

4 ELSOM WAY Sold Prices

Land registry data shows three sales for 4 ELSOM WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the three 4 ELSOM WAY 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
2023 27 APR	£382,000	£279,339	37% above HPI
2013 19 JUL	£218,000	£164,032	33% above HPI
1999 25 NOV	£95,484	£69,337	38% above HPI

4 ELSOM 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 three 4 ELSOM WAY sales between November 1999 and April 2023 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 July 2013 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the April 2023 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is 4 ELSOM WAY?

4 ELSOM WAY is 104m² according to the EPC inspection conducted in March 2016. This puts it in the largest 50% 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 ELSOM WAY lies on this distribution: 53% of detached houses are smaller than 4 ELSOM WAY, and 46% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

4 ELSOM WAY: Plot and Title Map

4 ELSOM WAY sits on a plot of roughly 0.176 of an acre, or 711m². The below map shows the location of 4 ELSOM 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 4 ELSOM 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 4 ELSOM WAY?

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