56, MARK AVENUE, HORNCASTLE, LN9 5BD - £173,000

56 MARK AVENUE is a very small detached house of 70m², built sometime between 1983 and 1990. It was last sold for £173,000 in November 2020, which was around 25% below the average November 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

56 MARK AVENUE Sold Prices

Land registry data shows six sales for 56 MARK AVENUE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the six 56 MARK AVENUE 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 12 NOV	£173,000	£229,635	25% below HPI
2009 30 JUN	£159,950	£161,919	1% below HPI
2005 10 OCT	£162,500	£176,098	8% below HPI
2004 15 JUN	£145,500	£157,863	8% below HPI
2001 14 DEC	£72,000	£92,325	22% below HPI
1998 17 AUG	£62,000	£64,389	4% below HPI

56 MARK AVENUE 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 six 56 MARK AVENUE sales between August 1998 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 June 2009 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the November 2020 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 56 MARK AVENUE?

56 MARK AVENUE is 70m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 20% of detached houses in Horncastle, based on EPC data. The below chart shows the distribution of detached houses by size in Horncastle, and where 56 MARK AVENUE lies on this distribution: 15% of detached houses are smaller than 56 MARK AVENUE, and 84% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

56 MARK AVENUE: Plot and Title Map

56 MARK AVENUE sits on a plot of roughly 0.131 of an acre, or 529m². The below map shows the location of 56 MARK AVENUE, 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 56 MARK AVENUE). 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 56 MARK AVENUE?

56 MARK AVENUE is located in HORNCASTLE, in the LN9 postcode district. The below map shows the position of No. 56 on MARK AVENUE.