Prospect Street - LN9 5BA
Key Postcode Insights
LN9 5BA is a residential postcode situated on Prospect Street, Horncastle, LN9 with 57 addresses.
It ranks as the 740th largest and 115th most expensive of the 750 postcodes in the LN9 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 57 properties: 51 houses and 6 flats.
- Ave. Sale Price
- £163,577
- 10 Year change
- up 25.8%
- Ave. Rental Price
- £827pcm
- 10 Year change
- up 53.8%
- Ave. £ per ft²
- £201/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Key Postcode Insights
LN9 5BA is a residential postcode situated on Prospect Street, Horncastle, LN9 with 57 addresses.
It ranks as the 740th largest and 115th most expensive of the 750 postcodes in the LN9 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 57 properties: 51 houses and 6 flats.
- Ave. Sale Price
- £163,577
- 10 Year change
- up 25.8%
- Ave. Rental Price
- £827pcm
- 10 Year change
- up 53.8%
- Ave. £ per ft²
- £201/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Explore Propertiesin LN9 5BA
- Bacton
Unknown
- Gill's Paddock
4 Bed Modern House
- The Former Chapel
Period Building | 6 Units
- 5A Prospect Street
2 Bed Modern House
- 7 Prospect Street
2 Bed Mid-century House
Sales Market Trends
The last sale in LN9 5BA sold for £165,000 on 17th October 2025. Since then prices are up an average of 0.7%.
The current average value in the postcode is £163,577.
The LN9 5BA Sales Market has increased by 25.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.1% | £163,577 |
| June 2025 | -5.7% | £165,353 |
| June 2024 | 1.4% | £175,292 |
| June 2023 | -1.3% | £172,900 |
| June 2022 | 15.2% | £175,102 |
| June 2021 | 7.9% | £152,021 |
| June 2020 | -0.1% | £140,831 |
| June 2019 | 1.4% | £140,929 |
| June 2018 | 1.1% | £138,930 |
| June 2017 | 5.7% | £137,410 |
| June 2016 | 5.1% | £130,001 |
| June 2015 | 2% | £123,724 |
| June 2014 | 2% | £121,325 |
| June 2013 | 3.8% | £118,998 |
| June 2012 | -0.2% | £114,626 |
| June 2011 | 0% | £114,814 |
| June 2010 | -3.2% | £114,804 |
| June 2009 | -9.3% | £118,627 |
| June 2008 | -1.5% | £130,775 |
| June 2007 | 0% | £132,777 |
Rental Market Trends
The current average rental value in the postcode is £827.
The LN9 5BA Rental Market has increased by 53.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.9% | £827pcm |
| June 2025 | 5.8% | £788pcm |
| June 2024 | 5.6% | £745pcm |
| June 2023 | 8% | £705pcm |
| June 2022 | 6.1% | £653pcm |
| June 2021 | 7.1% | £615pcm |
| June 2020 | 3.9% | £574pcm |
| June 2019 | 0.2% | £553pcm |
| June 2018 | 1.1% | £551pcm |
| June 2017 | 1.4% | £545pcm |
| June 2016 | 3.1% | £538pcm |
| June 2015 | 2.9% | £522pcm |
| June 2014 | 2.6% | £507pcm |
| June 2013 | 2.8% | £494pcm |
| June 2012 | 0.1% | £481pcm |
| June 2011 | 0.8% | £481pcm |
| June 2010 | 2.2% | £477pcm |
| June 2009 | -6.4% | £466pcm |
| June 2008 | 4.1% | £498pcm |
| June 2007 | 0% | £479pcm |
Sales History
The last sale was on 17th October 2025 for £165,000 and since then the market in the area has increased by 0.7%. The postcode has had a total of 72 sales since 1995.
LN9 5BA has seen 6 sales in the last three years and 1 sale in the last twelve months.
- Sold Oct 2025£165,000 | 3 Bed House58, Prospect Street, Horncastle, LN9 5BA58, Prospect Street, Horncastle, LN9 5BA
- Sold May 2024£149,950 | 3 Bed House17, Prospect Street, Horncastle, LN9 5BA17, Prospect Street, Horncastle, LN9 5BA
- Sold Feb 2024£130,000 | 2 Bed House33A, Prospect Street, Horncastle, LN9 5BA33A, Prospect Street, Horncastle, LN9 5BA
- Sold May 2023£225,000 | 3 Bed House18, Prospect Street, Horncastle, LN9 5BA18, Prospect Street, Horncastle, LN9 5BA
- Sold Mar 2023£175,000 | 2 Bed House43, Prospect Street, Horncastle, LN9 5BA43, Prospect Street, Horncastle, LN9 5BA
Nearby Postcodes
LN9 5BA is the 740th largest and the 115th most expensive postcode out of the 750 postcodes in the LN9 area.
- LN9 5HA, Ashwood Close, Horncastle, LN9LN9 5HA29 Addresses|68 m away
- LN9 5JB, Prospect Street, Horncastle, LN9LN9 5JB2 Addresses|129 m away
- LN9 5AZ, Stourton Place, Horncastle, LN9LN9 5AZ28 Addresses|134 m away
- LN9 5JD, Grundys Court, Horncastle, LN9LN9 5JD3 Addresses|137 m away
- LN9 5JF, West Street, Horncastle, LN9LN9 5JF34 Addresses|185 m away
Property Types
- 17 period houses built between 1800 and 1911
- 6 period flats built between 1800 and 1911
- 12 modern houses built after 1980
- 9 mid-century houses built between 1936 and 1979
- 13 other addresses of unknown type
- period house (17)
- period flat (6)
- modern house (12)
- mid-century house (9)
- Unknown (13)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 44 properties.
- The most common rating is D.
- A (0)
- E (5)
- B (0)
- F (0)
- C (14)
- G (0)
- D (25)
- No EPC (13)
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 School600 m away
- The Kirkby-on-Bain Church of England Primary School7.5 km away
- Bucknall Primary School8.5 km away
- Queen Elizabeth's Grammar School, Horncastle200 m away
- The Banovallum School1.1 km away
- The Barnes Wallis Academy12.3 km away
More reading links
Public Transport Nearby
The closest station to LN9 5BA is Metheringham station, which is 19.8 kilometres away.
- Metheringham|19.8 km away
- Thorpe Culvert|23.4 km away
- Market Rasen|24.1 km away
- Ruskington|25.7 km away
