48, LINCOLN ROAD, HORNCASTLE, LN9 5AW - £275,000

48 LINCOLN ROAD is a very large extended detached house of 176m², built sometime between 1930 and 1949. It was last sold for £275,000 in December 2015, which was around 45% above the average December 2015 detached price in the East Lindsey local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was B.

48 LINCOLN ROAD Sold Prices

Land registry data shows three sales for 48 LINCOLN ROAD 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 48 LINCOLN 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
2015 21 DEC	£275,000	£189,181	45% above HPI
2004 23 JUL	£249,950	£160,925	55% above HPI
1997 4 JUL	£87,000	£60,466	44% above HPI

48 LINCOLN 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 three 48 LINCOLN ROAD sales between July 1997 and December 2015 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 2004 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the December 2015 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is 48 LINCOLN ROAD?

48 LINCOLN ROAD is 176m², which includes one extension, according to the EPC inspection conducted in December 2016. This puts it in the largest 10% of detached houses in Horncastle, based on EPC data. The below chart shows the distribution of detached houses by size in Horncastle, and where 48 LINCOLN ROAD lies on this distribution: 92% of detached houses are smaller than 48 LINCOLN ROAD, and 8% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

48 LINCOLN ROAD: Plot and Title Map

48 LINCOLN ROAD sits on a plot of roughly 0.498 of an acre, or 2,017m². The below map shows the location of 48 LINCOLN 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 48 LINCOLN 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 48 LINCOLN ROAD?

48 LINCOLN ROAD is located in HORNCASTLE, in the LN9 postcode district. The below map shows the position of No. 48 on LINCOLN ROAD.