LARKRISE, ELMHIRST ROAD, HORNCASTLE, LN9 5AT - £325,000

LARKRISE is a large extended detached house of 124m², built sometime between 1983 and 1990. It was last sold for £325,000 in December 2023, which was around 16% above the average December 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2019, where the current energy rating was E, and the potential energy rating was C.

LARKRISE Sold Prices

Land registry data shows three sales for LARKRISE 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 LARKRISE 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
2023 15 DEC	£325,000	£279,075	16% above HPI
2020 23 NOV	£265,000	£229,635	15% above HPI
1998 24 MAR	£83,000	£61,233	36% above HPI

LARKRISE 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 LARKRISE sales between March 1998 and December 2023 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 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the December 2023 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is LARKRISE?

LARKRISE is 124m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the largest 40% of detached houses in Horncastle, based on EPC data. The below chart shows the distribution of detached houses by size in Horncastle, and where LARKRISE lies on this distribution: 68% of detached houses are smaller than LARKRISE, and 32% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

LARKRISE: Plot and Title Map

LARKRISE sits on a plot of roughly 0.330 of an acre, or 1,336m². The below map shows the location of LARKRISE, 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 LARKRISE). 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 LARKRISE?

LARKRISE is located on ELMHIRST ROAD in HORNCASTLE, in the LN9 postcode district. The below map shows the position of LARKRISE on ELMHIRST ROAD.