PENTLANDS, THIMBLEBY, HORNCASTLE, LN9 5RE - £431,000

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.

PENTLANDS is a large extended detached house of 186m², built sometime between 1950 and 1966, which could now be worth an estimated £511,056. It was last sold for £431,000 in June 2020, which was around 94% above the average June 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was C.

PENTLANDS Sold Prices

Land registry data shows three sales for PENTLANDS 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 PENTLANDS 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
2020 5 JUN	£431,000	£221,978	94% above HPI
2018 19 JAN	£385,000	£212,742	81% above HPI
2011 28 OCT	£280,000	£168,059	67% above HPI

PENTLANDS 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 PENTLANDS sales between October 2011 and June 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 January 2018 sale was for 81% above the HPI. So the extrapolation line tracks at 81% above the HPI over time, until the June 2020 sale, where it rises to 94% above the HPI. The line then continues to track at 94% above the HPI.

What might PENTLANDS be worth now?

PENTLANDS might now be worth an estimated £511,056.

This is based on house price inflation of 18.6%, between June 2020 and June 2025, 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 18.6% inflationary increase is applied to the most recent sale price for PENTLANDS of £431,000 on 5th June 2020. For the value to have increased from £431,000 to £511,056 over the five years to June 2025, the following assumptions must hold true:

• The value of PENTLANDS has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The June 2020 sale price of £431,000 represented a fair market value for the property.
• The size, condition, and specification of PENTLANDS has not materially changed since June 2020.

How Large is PENTLANDS?

PENTLANDS is 186m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the largest 30% 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 PENTLANDS lies on this distribution: 73% of detached houses houses are smaller than PENTLANDS, and 27% of houses are larger. Note that EPC data is not available for all properties in Thimbleby.

PENTLANDS: Plot and Title Map

PENTLANDS sits on a plot of roughly 0.643 of an acre, or 2,602m². The below map shows the location of PENTLANDS, 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 PENTLANDS). 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 PENTLANDS?

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