THIMBLEBY MILL, ELMHIRST ROAD, THIMBLEBY, HORNCASTLE, LN9 5LX - £415,000

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.

THIMBLEBY MILL is a very small detached house of 57m², built sometime before 1900, which could now be worth an estimated £410,606. It was last sold for £415,000 in July 2022, which was around 49% above the average July 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2013, where the current energy rating was G, and the potential energy rating was D.

THIMBLEBY MILL Sold Prices

Land registry data shows two sales for THIMBLEBY MILL 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 THIMBLEBY MILL 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
2022 22 JUL	£415,000	£278,887	49% above HPI
2013 28 JUN	£200,000	£169,501	18% above HPI

THIMBLEBY MILL 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 two THIMBLEBY MILL sales from June 2013 and July 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 June 2013 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the July 2022 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might THIMBLEBY MILL be worth now?

THIMBLEBY MILL might now be worth an estimated £410,606.

This is based on house price deflation of 1.1%, between July 2022 and August 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 1.1% deflationary decrease is applied to the most recent sale price for THIMBLEBY MILL of £415,000 on 22nd July 2022. For the value to have decreased from £415,000 to £410,606 over the two years and eleven months to August 2025, the following assumptions must hold true:

• The value of THIMBLEBY MILL has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The July 2022 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of THIMBLEBY MILL has not materially changed since July 2022.

How Large is THIMBLEBY MILL?

THIMBLEBY MILL is 57m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 10% of detached houses houses in Horncastle, based on EPC data. The below chart shows the distribution of detached houses houses by size in Horncastle, and where THIMBLEBY MILL lies on this distribution: 2% of detached houses houses are smaller than THIMBLEBY MILL, and 97% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

THIMBLEBY MILL: Plot and Title Map

THIMBLEBY MILL sits on a plot of roughly 1.2 acres, or 4,918m². The below map shows the location of THIMBLEBY MILL, 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 THIMBLEBY MILL). 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 THIMBLEBY MILL?

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