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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, Stanhope Road, Horncastle is recorded publicly as a mid-century freehold house across 1,130 ft2 of internal area, sitting on a 502 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 12, Stanhope Road, Horncastle is £284,488 and its rental estimate is £1,105 per month, given the available information and assuming reasonable condition.
Stanhope Road, Horncastle, LN9 falls within the LN9 postal district, in the borough of East Lindsey.
12, Stanhope Road, Horncastle has a single entry in the Land Registry from May 2016 and a single entry in the EPC database dated June 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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, Stanhope Road, Horncastle, we estimate a market value of £298,713 and a rental value of £1,160 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £264,574 and £1,027 per month respectively.
Over the last year, 12, Stanhope Road, Horncastle has seen its estimated sale value fall by £7,265 (2.6%) and its estimated rental value move up by £51 per month (4.6%). This results in an estimated gross rental yield of 4.7%.
HM Land Registry records the plot of land for 12, Stanhope Road, Horncastle as measuring 502 m2.
That makes it the 8th largest plot in the postcode, where 13 of the 18 other houses have recorded plot data.
12, Stanhope Road, Horncastle has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 25 Jun 2015.
The property is connected to mains gas and has partial secondary glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 12, Stanhope Road, Horncastle completed on 5th May 2016 at £172,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 29.8% over the period since May 2016.
Over the past 2 years 3 properties similar to 12, Stanhope Road, Horncastle have sold within a radius of 740 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th January 2024, was 2, Hemingby Way, Horncastle, LN9 5EU, a freehold house which sold for £262,000.
Read more about house prices in LN9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 28 addresses on Stanhope Road, Horncastle, LN9, 12, Stanhope Road, Horncastle comes out as the 16th largest and the 11th most expensive in our analysis of the public data.
It is also £16k more expensive than the average property across the LN9 district.
From 12, Stanhope Road, Horncastle, the nearest station is Metheringham, 20.3 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, Stanhope Road, Horncastle, 34.0% of property is privately owned outright and 33.3% is privately rented.
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, Stanhope Road, Horncastle, 18.3% of residents are recorded as possessing school level qualifications and 28.3% 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 12, Stanhope 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 12, Stanhope Road, Horncastle, 1.9% 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, Stanhope Road, Horncastle, there are an average of 1.2 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
