According to the public record, 1, The Spinney, Horncastle is a modern freehold house and with 1,011 ft2 of internal area and sits on a 612 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
The Spinney, Horncastle, LN9 is located in the borough of East Lindsey within the LN9 postal district.
1, The Spinney, Horncastle has 21 entries in the Land Registry database, most recently in July 2007 and no records in the EPC database.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 The Spinney Horncastle as £266,241 and the rental value as £1,076 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 1 The Spinney Horncastle has increased by £5,743 (2.2%) and its rental value has increased by £22 per month (2.0%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, The Spinney, Horncastle is in very good condition we estimate a sale value of £279,553 and rental value of £1,130 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £247,604 and a rental value of £1,001 per month.
If you were able to purchase this property for the estimated value of £266,241, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,308 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 1, The Spinney, Horncastle sits on a plot of 612m2.
According to HM Land Registry, 1, The Spinney, Horncastle was last sold on 30 Jul 2007 for £179,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jul 2007, the market for similar properties has risen 46.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, The Spinney, Horncastle within a radius of 125m over the last 2 years.
The most recent example is 20, Baggaley Drive, Horncastle, LN9 5GE, a Freehold house which sold for £255,000 in Sep 2023.
Read more about house prices in LN9.
The Spinney, Horncastle, LN9 has a total of 2 addresses. According to our analysis of all the public data, 1, The Spinney, Horncastle is the largest and the most expensive property on the street.
When compared to the postcode district it is £18k less expensive than the average property in LN9.
1, The Spinney, Horncastle has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Mar 2013.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1, The Spinney, Horncastle is Metheringham station which is 19.4 km away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, The Spinney, Horncastle, 46.2% of property is privately owned outright and 34.1% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1, The Spinney, Horncastle, 16.7% of residents are recorded as possessing school level qualifications and 29.8% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, The Spinney, Horncastle, the average age was 45.8 and the most common age was 57.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1, The Spinney, Horncastle, 0.2% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1, The Spinney, Horncastle, there are an average of 1.4 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.