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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 108, Mareham Road, Horncastle is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,360 ft2 of internal area and sits on a 642 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 108, Mareham Road, Horncastle is £198,006 and the estimated rental value is £999 per month.
Mareham Road, Horncastle, LN9 is located in the borough of East Lindsey within the LN9 postal district.
108, Mareham Road, Horncastle has a single entry in the Land Registry from September 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
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 108, Mareham Road, Horncastle is in very good condition we estimate a sale value of £207,906 and a rental value of £1,049 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £184,145 and a rental value of £929 per month.
Over the last 12 months the sale value of 108 Mareham Road Horncastle has decreased by an estimated £8,595 (4.3%) and its rental value has increased by an estimated £20 per month (2.0%), giving an expected gross yield of 6.1%.
According to data from HM Land Registry, 108, Mareham Road, Horncastle sits on a plot of 642m2.
We have plot size data on 16 out of 35 other houses in the postcode and 108, Mareham Road, Horncastle sits on the largest plot.
According to HM Land Registry, 108, Mareham Road, Horncastle was last sold on 21st September 2007 for £134,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2007, the market for similar properties has risen 66.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 108, Mareham Road, Horncastle within a radius of 890 metres over the last 2 years.
The most recent example is 121, Tennyson Gardens, Horncastle, LN9 6DG, a freehold house which sold for £210,000 on the 21st March 2022.
Read more about house prices in LN9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mareham Road, Horncastle, LN9 has a total of 102 addresses. According to our analysis of all the public data, 108, Mareham Road, Horncastle is the 10th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £71k less expensive than the average property in LN9.
The closest station to 108, Mareham Road, Horncastle is Metheringham station which is 20.2 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 108, Mareham Road, Horncastle, 40.3% of property is socially rented and 30.2% is privately owned outright.
The graph below shows how this compares to East Midlands 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 108, Mareham Road, Horncastle, 22.7% of residents are recorded as possessing school level qualifications and 16.3% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 108, 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 108, Mareham 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 108, Mareham Road, Horncastle, there are an average of 1.3 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
