LANDSDOWNE, THIMBLEBY, HORNCASTLE, LN9 5RB - £370,000

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.

LANDSDOWNE is a midsized extended detached house of 164m², built sometime between 1950 and 1966, which could now be worth an estimated £484,377. It was last sold for £370,000 in October 2017, which was around 74% above the average October 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2017, where the current energy rating was E, and the potential energy rating was C.

LANDSDOWNE Sold Prices

Land registry data shows three sales for LANDSDOWNE 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 LANDSDOWNE 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
2017 6 OCT	£370,000	£212,307	74% above HPI
2008 19 DEC	£320,000	£167,444	91% above HPI
2007 16 NOV	£250,000	£190,928	31% above HPI

LANDSDOWNE 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 LANDSDOWNE sales between November 2007 and October 2017 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 December 2008 sale was for 91% above the HPI. So the extrapolation line tracks at 91% above the HPI over time, until the October 2017 sale, where it falls to 74% above the HPI. The line then continues to track at 74% above the HPI.

What might LANDSDOWNE be worth now?

LANDSDOWNE might now be worth an estimated £484,377.

This is based on house price inflation of 30.9%, between October 2017 and July 2026, for 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 30.9% inflationary increase is applied to the most recent sale price for LANDSDOWNE of £370,000 on 6th October 2017. For the value to have increased from £370,000 to £484,377 over the nine years and three months to July 2026, the following assumptions must hold true:

• The value of LANDSDOWNE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The October 2017 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of LANDSDOWNE has not materially changed since October 2017.

How Large is LANDSDOWNE?

LANDSDOWNE is 164m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the largest 50% of detached houses houses in Thimbleby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Thimbleby, and where LANDSDOWNE lies on this distribution: 55% of detached houses houses are smaller than LANDSDOWNE, and 45% of houses are larger. Note that EPC data is not available for all properties in Thimbleby.

Where is LANDSDOWNE?

LANDSDOWNE is located in THIMBLEBY, in the LN9 postcode district. The below map shows the position of LANDSDOWNE in THIMBLEBY.