1, Watermill Road
1, Watermill Road
Description & Estimates
Public records show 1, Watermill Road, Horncastle to be a period freehold house with 452 ft2 of internal area, sitting on a 21.3 m2 plot.
In this area, houses of this size normally have 2 bedrooms with a garden.
1, Watermill Road, Horncastle has an estimated sale value of £103,656 and an estimated rental value of £571 per month, assuming reasonable condition and based on the information available.
Watermill Road, Horncastle, LN9 lies in the borough of East Lindsey, within the LN9 postal district.
Our Data Sources
1, Watermill Road, Horncastle has 41 entries in the Land Registry , most recently in August 2017 and a single entry in the EPC database dated May 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 1, Watermill Road, Horncastle would be worth £108,839, with a potential rental value of £600 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £96,400, with a rental value of £531 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 1, Watermill Road, Horncastle has decreased by £1,605 (1.5%) over the last year. During the same period, its estimated monthly rental value has grown by £29 (5.1%). The property's estimated gross yield is currently 6.6%.
Plot Size
1, Watermill Road, Horncastle occupies a 21 m2 plot as recorded by HM Land Registry.
Of the 8 other houses in this postcode, 6 have recorded plot sizes, and this one ranks as the 6th largest.
Energy Efficiency
1, Watermill Road, Horncastle has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 30 May 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
1, Watermill Road, Horncastle last changed hands on 11th August 2017, selling for £78,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has risen by 65.7% since August 2017.
- Sold Aug 2017£78,000
- Sold Jul 2003£69,950
- Sold Aug 2002£52,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 730 metres of 1, Watermill Road, Horncastle across the last 2 years.
Most recently, 6, Mill Lane, Horncastle, LN9 5DS, a freehold house, sold at £90,000 on the 13th December 2024.
Read more about house prices in LN9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 1, Watermill Road, Horncastle as the 6th largest and the 6th most expensive of the 8 addresses on Watermill Road, Horncastle, LN9.
Against the LN9 postcode district average, it is £165k less expensive than the typical property.
More reading links
Schools Nearby
- 400mHorncastle Primary School
- 7.5kmThe Kirkby-on-Bain Church of England Primary School
- 8.7kmBucknall Primary School
- 400mQueen Elizabeth's Grammar School, Horncastle
- 1.0kmThe Banovallum School
- 12.4kmThe Barnes Wallis Academy
More reading links
Public Transport Nearby
Metheringham station is the nearest stop to 1, Watermill Road, Horncastle at 20.0 kilometres away.
- 20.0kmMetheringham
- 23.2kmThorpe Culvert
- 24.3kmMarket Rasen
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a low risk of flooding.
