According to the public record, 3, Mareham Road, Horncastle is a period house with 914 ft2 of internal area and sits on a 177 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Mareham Road, Horncastle, LN9 is located in the borough of East Lindsey within the LN9 postal district.
3, Mareham Road, Horncastle has no records in the Land Registry database and no records in the EPC database.
We combine this information with public data 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 3 Mareham Road Horncastle as £146,393 and the rental value as £730 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 3 Mareham Road Horncastle has increased by £5,620 (3.8%) and its rental value has increased by £27 per month (3.7%).
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 3, Mareham Road, Horncastle is in very good condition we estimate a sale value of £153,713 and rental value of £767 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £136,146 and a rental value of £679 per month.
If you were able to purchase this property for the estimated value of £146,393, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £719 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, 3, Mareham Road, Horncastle sits on a plot of 177m2.
We have plot size data on 10 out of 15 other houses in the postcode and 3, Mareham Road, Horncastle sits on the 4th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Mareham Road, Horncastle within a radius of 265m over the last 2 years.
The most recent example is 70, Foundry Street, Horncastle, LN9 6AB, a Freehold house which sold for £115,000 in Jun 2022.
Read more about house prices in LN9.
Mareham Road, Horncastle, LN9 has a total of 104 addresses. According to our analysis of all the public data, 3, Mareham Road, Horncastle is the 45th largest and the 79th most expensive property on the street.
When compared to the postcode district it is £137k less expensive than the average property in LN9.
3, Mareham Road, Horncastle has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Sep 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 3, Mareham Road, Horncastle is Metheringham station which is 20.0 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 3, Mareham Road, Horncastle, 39.9% of property is privately rented and 32.6% is privately owned outright.
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 3, Mareham Road, Horncastle, 13.7% of residents are recorded as possessing school level qualifications and 23.9% 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 3, Mareham 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 3, Mareham Road, Horncastle, 0.9% 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 3, Mareham Road, Horncastle, there are an average of 1.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.