41, LOUTH ROAD, HORNCASTLE, LN9 5ED - £261,000

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.

41 LOUTH ROAD is a very large extended detached house of 152m², built sometime between 1930 and 1949, which could now be worth an estimated £324,441. It was last sold for £261,000 in June 2020, which was around 18% above the average June 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was C.

41 LOUTH ROAD Sold Prices

Land registry data shows two sales for 41 LOUTH ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two 41 LOUTH ROAD 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
2020 8 JUN	£261,000	£221,978	18% above HPI
1995 15 DEC	£94,000	£57,584	63% above HPI

41 LOUTH ROAD 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 two 41 LOUTH ROAD sales from December 1995 and June 2020 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 1995 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the June 2020 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 41 LOUTH ROAD be worth now?

41 LOUTH ROAD might now be worth an estimated £324,441.

This is based on house price inflation of 24.3%, between June 2020 and August 2025, for 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 24.3% inflationary increase is applied to the most recent sale price for 41 LOUTH ROAD of £261,000 on 8th June 2020. For the value to have increased from £261,000 to £324,441 over the four years and ten months to August 2025, the following assumptions must hold true:

• The value of 41 LOUTH ROAD has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The June 2020 sale price of £261,000 represented a fair market value for the property.
• The size, condition, and specification of 41 LOUTH ROAD has not materially changed since June 2020.

How Large is 41 LOUTH ROAD?

41 LOUTH ROAD is 152m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the largest 20% of detached houses houses in Horncastle, based on EPC data. The below chart shows the distribution of detached houses houses by size in Horncastle, and where 41 LOUTH ROAD lies on this distribution: 86% of detached houses houses are smaller than 41 LOUTH ROAD, and 14% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

41 LOUTH ROAD: Plot and Title Map

41 LOUTH ROAD sits on a plot of roughly 0.175 of an acre, or 708m². The below map shows the location of 41 LOUTH ROAD, 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 41 LOUTH ROAD). 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 41 LOUTH ROAD?

41 LOUTH ROAD is located in HORNCASTLE, in the LN9 postcode district. The below map shows the position of No. 41 on LOUTH ROAD.