7, CORN CLOSE, HORNCASTLE, LN9 5ST - £250,000

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.

7 CORN CLOSE is a detached house, which could now be worth an estimated £388,491. It was last sold for £250,000 in August 2008, which was around 41% above the average August 2008 detached price in the East Lindsey local authority area.

7 CORN CLOSE Sold Prices

Land registry data shows two sales for 7 CORN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two 7 CORN CLOSE 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
2008 28 AUG	£250,000	£177,207	41% above HPI
1999 26 FEB	£73,000	£65,212	12% above HPI

What might 7 CORN CLOSE be worth now?

7 CORN CLOSE might now be worth an estimated £388,491.

This is based on house price inflation of 55.4%, between August 2008 and May 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 55.4% inflationary increase is applied to the most recent sale price for 7 CORN CLOSE of £250,000 on 28th August 2008. For the value to have increased from £250,000 to £388,491 over the eighteen years and three months to May 2026, the following assumptions must hold true:

• The value of 7 CORN CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The August 2008 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 7 CORN CLOSE has not materially changed since August 2008.

Where is 7 CORN CLOSE?

7 CORN CLOSE is located in HORNCASTLE, in the LN9 postcode district.