12, Malsters Drive
12, Malsters Drive
Description & Estimates
According to the public record, 12, Malsters Drive, Horncastle is a modern freehold house with 1,054 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 12, Malsters Drive, Horncastle is £230,598 and the estimated rental value is £1,067 per month.
Malsters Drive, Horncastle, LN9 is located in the borough of East Lindsey within the LN9 postal district.
Our Data Sources
12, Malsters Drive, Horncastle has a single entry in the Land Registry from October 2024 and a single entry in the EPC database dated August 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
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 12, Malsters Drive, Horncastle is in very good condition we estimate a sale value of £242,128 and a rental value of £1,120 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £214,456 and a rental value of £992 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 12, Malsters Drive, Horncastle has moved down by £5,889 (2.6%), while its estimated rental value has increased by £49 per month (4.6%). Based on current estimates, the property offers a gross rental yield of 5.6%.
Energy Efficiency
12, Malsters Drive, Horncastle has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Aug 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 12, Malsters Drive, Horncastle was last sold on 17th October 2024 for £229,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2024, the market for similar properties has dropped by 3.1%.
- Sold Oct 2024£229,950
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Malsters Drive, Horncastle within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 35, Malsters Drive, Horncastle, LN9 5FH, a freehold house which sold for £94,800 on the 31st March 2026.
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
Malsters Drive, Horncastle, LN9 has a total of 46 addresses. According to our analysis of all the public data, 12, Malsters Drive, Horncastle is the 11th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £38k less expensive than the average property in LN9.
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Schools Nearby
- 1.4kmHorncastle Primary School
- 7.3kmThe Kirkby-on-Bain Church of England Primary School
- 7.7kmBucknall Primary School
- 600mQueen Elizabeth's Grammar School, Horncastle
- 1.7kmThe Banovallum School
- 12.0kmThe Barnes Wallis Academy
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Public Transport Nearby
The closest station to 12, Malsters Drive, Horncastle is Metheringham station, which is 19.1 kilometres away.
- 19.1kmMetheringham
- 23.7kmMarket Rasen
- 24.1kmThorpe Culvert
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
