45, MAREHAM ROAD, HORNCASTLE, LN9 6BN - £102,500

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.

45 MAREHAM ROAD is a very small extended terraced house of 52m², built sometime before 1900, which could now be worth an estimated £114,920. It was last sold for £102,500 in February 2021, which was around 17% below the average February 2021 terraced price in the East Lindsey local authority area. The most recent EPC inspection was October 2020, where the current energy rating was E, and the potential energy rating was B.

45 MAREHAM ROAD Sold Prices

Land registry data shows two sales for 45 MAREHAM ROAD 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. One of the two 45 MAREHAM ROAD sales was for below the average price, whilst the other was 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
2021 4 FEB	£102,500	£123,782	17% below HPI
2003 28 FEB	£62,000	£58,338	6% above HPI

45 MAREHAM ROAD 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 45 MAREHAM ROAD sales from February 2003 and February 2021 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 February 2003 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the February 2021 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 45 MAREHAM ROAD be worth now?

45 MAREHAM ROAD might now be worth an estimated £114,920.

This is based on house price inflation of 12.1%, between February 2021 and July 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 12.1% inflationary increase is applied to the most recent sale price for 45 MAREHAM ROAD of £102,500 on 4th February 2021. For the value to have increased from £102,500 to £114,920 over the three years and seven months to July 2025, the following assumptions must hold true:

• The value of 45 MAREHAM ROAD has moved in line with the HPI for terraced houses in the East Lindsey local authority area.
• The February 2021 sale price of £102,500 represented a fair market value for the property.
• The size, condition, and specification of 45 MAREHAM ROAD has not materially changed since February 2021.

How Large is 45 MAREHAM ROAD?

45 MAREHAM ROAD is 52m², which includes two extensions, according to the EPC inspection conducted in October 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 45 MAREHAM ROAD lies on this distribution: Less than 1% of terraced houses houses are smaller than 45 MAREHAM ROAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

45 MAREHAM ROAD: Plot and Title Map

45 MAREHAM ROAD sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 45 MAREHAM 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 45 MAREHAM 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 45 MAREHAM ROAD?

45 MAREHAM ROAD is located in HORNCASTLE, in the LN9 postcode district. The below map shows the position of No. 45 on MAREHAM ROAD.