Prospect Street - LN9 5AX
Key Postcode Insights
LN9 5AX is a residential postcode situated on Prospect Street, Horncastle, LN9 with 22 addresses.
It ranks as the 597th largest and 315th most expensive of the 750 postcodes in the LN9 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 22 properties: 22 houses.
- Ave. Sale Price
- £229,042
- 10 Year change
- up 29.7%
- Ave. Rental Price
- £864pcm
- 10 Year change
- up 58.4%
- Ave. £ per ft²
- £286/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Key Postcode Insights
LN9 5AX is a residential postcode situated on Prospect Street, Horncastle, LN9 with 22 addresses.
It ranks as the 597th largest and 315th most expensive of the 750 postcodes in the LN9 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 22 properties: 22 houses.
- Ave. Sale Price
- £229,042
- 10 Year change
- up 29.7%
- Ave. Rental Price
- £864pcm
- 10 Year change
- up 58.4%
- Ave. £ per ft²
- £286/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Explore Propertiesin LN9 5AX
- 60 Prospect Street
House
- 61 Prospect Street
2 Bed Period House
- 63 Prospect Street
2 Bed Mid-century House
- 65 Prospect Street
House
Sales Market Trends
The last sale in LN9 5AX sold for £250,000 on 21st August 2025. Since then prices are down an average of 0.6%.
The current average value in the postcode is £229,042.
The LN9 5AX Sales Market has increased by 29.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.6% | £229,042 |
| June 2025 | -5.5% | £235,217 |
| June 2024 | 1% | £248,937 |
| June 2023 | -0.7% | £246,367 |
| June 2022 | 15.9% | £248,180 |
| June 2021 | 9.3% | £214,173 |
| June 2020 | -0.3% | £195,916 |
| June 2019 | 2.3% | £196,507 |
| June 2018 | 1.9% | £192,111 |
| June 2017 | 6.7% | £188,451 |
| June 2016 | 6% | £176,581 |
| June 2015 | 2.6% | £166,630 |
| June 2014 | 2.3% | £162,363 |
| June 2013 | 3.7% | £158,699 |
| June 2012 | 0.3% | £153,079 |
| June 2011 | 0.1% | £152,608 |
| June 2010 | -0.9% | £152,465 |
| June 2009 | -7.8% | £153,913 |
| June 2008 | -1.6% | £166,953 |
| June 2007 | 0% | £169,642 |
Rental Market Trends
The current average rental value in the postcode is £864.
The LN9 5AX Rental Market has increased by 58.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.3% | £864pcm |
| June 2025 | 5.8% | £837pcm |
| June 2024 | 5.4% | £791pcm |
| June 2023 | 8.5% | £750pcm |
| June 2022 | 6.8% | £691pcm |
| June 2021 | 8.5% | £647pcm |
| June 2020 | 3.7% | £597pcm |
| June 2019 | 1% | £575pcm |
| June 2018 | 1.9% | £570pcm |
| June 2017 | 2.4% | £559pcm |
| June 2016 | 3.9% | £546pcm |
| June 2015 | 3.6% | £525pcm |
| June 2014 | 3% | £507pcm |
| June 2013 | 2.6% | £492pcm |
| June 2012 | 0.5% | £480pcm |
| June 2011 | 0.9% | £477pcm |
| June 2010 | 4.6% | £473pcm |
| June 2009 | -4.8% | £452pcm |
| June 2008 | 4% | £475pcm |
| June 2007 | 0% | £457pcm |
Sales History
The last sale was on 21st August 2025 for £250,000 and since then the market in the area has decreased by 0.6%. The postcode has had a total of 29 sales since 1995.
LN9 5AX has seen 7 sales in the last three years and 2 sales in the last twelve months.
- Sold Aug 2025£250,000 | 3 Bed House80, Prospect Street, Horncastle, LN9 5AX80, Prospect Street, Horncastle, LN9 5AX
- Sold Aug 2025£230,000 | 2 Bed House63, Prospect Street, Horncastle, LN9 5AX63, Prospect Street, Horncastle, LN9 5AX
- Sold Mar 2025£175,000 | 4 Bed House86, Prospect Street, Horncastle, LN9 5AX86, Prospect Street, Horncastle, LN9 5AX
- Sold Dec 2024£375,000 | 4 Bed House84, Prospect Street, Horncastle, LN9 5AX84, Prospect Street, Horncastle, LN9 5AX
- Sold Mar 2024£120,000 | 2 Bed House72, Prospect Street, Horncastle, LN9 5AX72, Prospect Street, Horncastle, LN9 5AX
Nearby Postcodes
LN9 5AX is the 597th largest and the 315th most expensive postcode out of the 750 postcodes in the LN9 area.
- LN9 5ST, Corn Close, Horncastle, LN9LN9 5ST12 Addresses|91 m away
- LN9 5AZ, Stourton Place, Horncastle, LN9LN9 5AZ28 Addresses|108 m away
- LN9 5AS, Accommodation Road, Horncastle, LN9LN9 5AS39 Addresses|177 m away
- LN9 5BA, Prospect Street, Horncastle, LN9LN9 5BA57 Addresses|211 m away
- LN9 5HA, Ashwood Close, Horncastle, LN9LN9 5HA29 Addresses|211 m away
Property Types
- 7 period houses built between 1800 and 1911
- 9 mid-century houses built between 1936 and 1979
- 6 other addresses of unknown type
- period house (7)
- mid-century house (9)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 16 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (1)
- C (4)
- G (0)
- D (9)
- No EPC (6)
Top 3 Most Expensive Sales
- Sold Oct 2023£395,000 | 5 Bed House79, Prospect Street, Horncastle, LN9 5AX79, Prospect Street, Horncastle, LN9 5AX
- Sold Dec 2024£375,000 | 4 Bed House84, Prospect Street, Horncastle, LN9 5AX84, Prospect Street, Horncastle, LN9 5AX
- Sold Mar 2022£285,000 | 4 Bed House86, Prospect Street, Horncastle, LN9 5AX86, Prospect Street, Horncastle, LN9 5AX
Schools Nearby
- Horncastle Primary School700 m away
- The Kirkby-on-Bain Church of England Primary School7.7 km away
- Bucknall Primary School8.5 km away
- Queen Elizabeth's Grammar School, Horncastle400 m away
- The Banovallum School1.3 km away
- The Barnes Wallis Academy12.5 km away
More reading links
Public Transport Nearby
The closest station to LN9 5AX is Metheringham station, which is 19.9 kilometres away.
- Metheringham|19.9 km away
- Thorpe Culvert|23.5 km away
- Market Rasen|24.0 km away
- Ruskington|25.8 km away
