According to the public record, 7, Boston Road, Horncastle is a mid-century freehold house and with 936 ft2 of internal area and sits on a 564 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Boston Road, Horncastle, LN9 is located in the borough of East Lindsey within the LN9 postal district.
7, Boston Road, Horncastle has a single entry in the Land Registry database from September 2021 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 7 Boston Road Horncastle as £246,015 and the rental value as £1,049 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 7 Boston Road Horncastle has increased by £10,230 (4.2%) and its rental value has increased by £42 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 7, Boston Road, Horncastle is in very good condition we estimate a sale value of £258,316 and rental value of £1,101 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £228,794 and a rental value of £975 per month.
If you were able to purchase this property for the estimated value of £246,015, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,209 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, 7, Boston Road, Horncastle sits on a plot of 564m2.
We have plot size data on 9 out of 11 other houses in the postcode and 7, Boston Road, Horncastle sits on the 6th largest plot.
According to HM Land Registry, 7, Boston Road, Horncastle was last sold on 15 Sep 2021 for £250,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2021, the market for similar properties has risen 10.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Boston Road, Horncastle within a radius of 415m over the last 2 years.
The most recent example is 27, Thornton Crescent, Horncastle, LN9 6JP, a Freehold house which sold for £260,000 in Nov 2022.
Read more about house prices in LN9.
Boston Road, Horncastle, LN9 has a total of 79 addresses. According to our analysis of all the public data, 7, Boston Road, Horncastle is the 52nd largest and the 41st most expensive property on the street.
When compared to the postcode district it is £38k less expensive than the average property in LN9.
7, Boston Road, Horncastle has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 16 Oct 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 7, Boston 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 7, Boston Road, Horncastle, 54.0% of property is socially rented and 14.8% is shared ownership.
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 7, Boston Road, Horncastle, 26.2% of residents are recorded as possessing school level qualifications and 14.9% 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 7, Boston 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 7, Boston Road, 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 7, Boston 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.