5, ROMAN WAY, HORNCASTLE, LN9 6PL - £180,000

5 ROMAN WAY is a very small detached house of 64m², built sometime between 1976 and 1982. It was last sold for £180,000 in November 2020, which was around 22% below the average November 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

5 ROMAN WAY Sold Prices

Land registry data shows four sales for 5 ROMAN WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the four 5 ROMAN WAY sales were for below 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 9 NOV	£180,000	£229,635	22% below HPI
2006 11 APR	£149,950	£174,566	14% below HPI
1997 4 APR	£48,000	£58,054	17% below HPI
1995 26 JUL	£45,000	£54,259	17% below HPI

5 ROMAN 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 four 5 ROMAN WAY sales between July 1995 and November 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 April 2006 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the November 2020 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 5 ROMAN WAY?

5 ROMAN WAY is 64m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 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 5 ROMAN WAY lies on this distribution: 9% of detached houses are smaller than 5 ROMAN WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

5 ROMAN WAY: Plot and Title Map

5 ROMAN WAY sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 5 ROMAN 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 5 ROMAN 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 5 ROMAN WAY?

5 ROMAN WAY is located in HORNCASTLE, in the LN9 postcode district. The below map shows the position of No. 5 on ROMAN WAY.