56A, WEST STREET, HORNCASTLE, LN9 5AD - £127,500

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.

56A WEST STREET is a very small extended semi-detached house of 65m², built sometime before 1900, which could now be worth an estimated £117,750. It was last sold for £127,500 in December 2022, which was around 33% below the average December 2022 semi-detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

56A WEST STREET Sold Prices

Land registry data shows four sales for 56A WEST STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the East Lindsey local authority area for the corresponding sale date. All of the four 56A WEST STREET 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
2022 21 DEC	£127,500	£189,838	33% below HPI
2020 19 NOV	£90,000	£153,044	41% below HPI
2008 9 MAY	£99,000	£121,927	19% below HPI
2006 16 NOV	£71,000	£120,364	41% below HPI

56A WEST STREET Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Lindsey local authority area over time, sourced from the HPI. The four 56A WEST STREET sales between November 2006 and December 2022 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 November 2020 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the December 2022 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 56A WEST STREET be worth now?

56A WEST STREET might now be worth an estimated £117,750.

This is based on house price deflation of 7.6%, between December 2022 and July 2025, for semi-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 7.6% deflationary decrease is applied to the most recent sale price for 56A WEST STREET of £127,500 on 21st December 2022. For the value to have decreased from £127,500 to £117,750 over the three years and five months to July 2025, the following assumptions must hold true:

• The value of 56A WEST STREET has moved in line with the HPI for semi-detached houses in the East Lindsey local authority area.
• The December 2022 sale price of £127,500 represented a fair market value for the property.
• The size, condition, and specification of 56A WEST STREET has not materially changed since December 2022.

How Large is 56A WEST STREET?

56A WEST STREET is 65m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 10% of semi-detached houses houses in Horncastle, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Horncastle, and where 56A WEST STREET lies on this distribution: 10% of semi-detached houses houses are smaller than 56A WEST STREET, and 89% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

56A WEST STREET: Plot and Title Map

56A WEST STREET sits on a plot of roughly 0.013 of an acre, or 53m². The below map shows the location of 56A WEST STREET, 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 56A WEST STREET). 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 56A WEST STREET?

56A WEST STREET is located in HORNCASTLE, in the LN9 postcode district. The below map shows the position of No. 56A on WEST STREET.