According to the public record, 28, Lincoln Road, Horncastle is a period freehold house and with 602 ft2 of internal area and sits on a 102 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Lincoln Road, Horncastle, LN9 is located in the borough of East Lindsey within the LN9 postal district.
28, Lincoln Road, Horncastle has 31 entries in the Land Registry database, most recently in December 2019 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 28 Lincoln Road Horncastle as £139,510 and the rental value as £721 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 28 Lincoln Road Horncastle has increased by £5,801 (4.2%) and its rental value has increased by £29 per month (4.0%).
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 28, Lincoln Road, Horncastle is in very good condition we estimate a sale value of £146,486 and rental value of £757 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £129,745 and a rental value of £670 per month.
If you were able to purchase this property for the estimated value of £139,510, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £686 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, 28, Lincoln Road, Horncastle sits on a plot of 102m2.
We have plot size data on 47 out of 72 other houses in the postcode and 28, Lincoln Road, Horncastle sits on the 42nd largest plot.
According to HM Land Registry, 28, Lincoln Road, Horncastle was last sold on 17 Dec 2019 for £112,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Dec 2019, the market for similar properties has risen 29.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 28, Lincoln Road, Horncastle within a radius of 220m over the last 2 years.
The most recent example is 2, Watsons Yard, Horncastle, LN9 5JG, a Freehold house which sold for £150,000 in Jul 2022.
Read more about house prices in LN9.
Lincoln Road, Horncastle, LN9 has a total of 80 addresses. According to our analysis of all the public data, 28, Lincoln Road, Horncastle is the 74th largest and the 74th most expensive property on the street.
When compared to the postcode district it is £144k less expensive than the average property in LN9.
28, Lincoln Road, Horncastle has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 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 28, Lincoln Road, 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 28, Lincoln Road, 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 28, Lincoln Road, 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 28, Lincoln Road, 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 28, Lincoln Road, 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 28, Lincoln Road, 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.