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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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12, Madely Close, Horncastle appears in the public record as a freehold house sitting on a 275 m2 plot.
By comparing it to nearby properties, we estimate it to be a modern house with 1,540 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 12, Madely Close, Horncastle is £294,090 and its rental estimate is £1,235 per month, given the available information and assuming reasonable condition.
Madely Close, Horncastle, LN9 falls within the LN9 postal district, in the borough of East Lindsey.
12, Madely Close, Horncastle has 21 entries in the Land Registry , most recently in July 2009 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 5 out of 5 and is considered of high accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 12, Madely Close, Horncastle, we estimate a market value of £308,795 and a rental value of £1,297 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £273,504 and £1,149 per month respectively.
Over the last year, 12, Madely Close, Horncastle has seen its estimated sale value decrease by £12,766 (4.3%) and its estimated rental value grow by £24 per month (2.0%). This results in an estimated gross rental yield of 5.0%.
HM Land Registry records the plot of land for 12, Madely Close, Horncastle as measuring 275 m2.
That makes it the 3rd largest plot in the postcode, where 18 of the 20 other houses have recorded plot data.
The most recent sale of 12, Madely Close, Horncastle completed on 1st July 2009 at £189,950 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 105.0% over the period since July 2009.
Over the past 2 years 3 properties similar to 12, Madely Close, Horncastle have sold within a radius of 700 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th October 2025, was 77, Banovallum Gardens, Horncastle, LN9 6RF, a freehold house which sold for £320,000.
Read more about house prices in LN9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 20 addresses on Madely Close, Horncastle, LN9, 12, Madely Close, Horncastle comes out as the largest and the most expensive in our analysis of the public data.
It is also £25k more expensive than the average property across the LN9 district.
From 12, Madely Close, Horncastle, the nearest station is Metheringham, 20.4 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 12, Madely Close, Horncastle, 33.2% of property is privately owned outright and 30.5% is privately owned with a mortgage.
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 12, Madely Close, Horncastle, 15.8% of residents are recorded as possessing school level qualifications and 24.4% 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 12, Madely Close, 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 12, Madely Close, 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 12, Madely Close, 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.
