According to the public record, 17, Millstone Close, Horncastle is a modern freehold house and with 1,130 ft2 of internal area and sits on a 372 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Millstone Close, Horncastle, LN9 is located in the borough of East Lindsey within the LN9 postal district.
17, Millstone Close, Horncastle has 21 entries in the Land Registry database, most recently in September 2020 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 17 Millstone Close Horncastle as £297,082 and the rental value as £1,108 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 17 Millstone Close Horncastle has increased by £6,408 (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 17, Millstone Close, Horncastle is in very good condition we estimate a sale value of £311,936 and rental value of £1,164 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £276,286 and a rental value of £1,031 per month.
If you were able to purchase this property for the estimated value of £297,082, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,460 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, 17, Millstone Close, Horncastle sits on a plot of 372m2.
We have plot size data on 14 out of 19 other houses in the postcode and 17, Millstone Close, Horncastle sits on the 12th largest plot.
According to HM Land Registry, 17, Millstone Close, Horncastle was last sold on 18 Sep 2020 for £240,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Sep 2020, the market for similar properties has risen 19.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 17, Millstone Close, Horncastle within a radius of 72m over the last 2 years.
The most recent example is 12A, Millstone Close, Horncastle, LN9 5SU, a Freehold house which sold for £220,000 in Jan 2023.
Read more about house prices in LN9.
Millstone Close, Horncastle, LN9 has a total of 19 addresses. According to our analysis of all the public data, 17, Millstone Close, Horncastle is the 15th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £13k more expensive than the average property in LN9.
17, Millstone Close, Horncastle has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Oct 2019.
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 17, Millstone Close, Horncastle is Metheringham station which is 19.2 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 17, Millstone Close, Horncastle, 50.0% of property is privately owned outright and 33.1% 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 17, Millstone Close, Horncastle, 20.0% of residents are recorded as possessing school level qualifications and 32.8% 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 17, Millstone Close, 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 17, Millstone Close, Horncastle, 0.0% 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 17, Millstone Close, Horncastle, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.