16, Malsters Drive
16, Malsters Drive
Description & Estimates
Public records show 16, Malsters Drive, Horncastle to be a modern freehold house with 957 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
16, Malsters Drive, Horncastle has an estimated sale value of £223,823 and an estimated rental value of £1,053 per month, assuming reasonable condition and based on the information available.
Malsters Drive, Horncastle, LN9 lies in the borough of East Lindsey, within the LN9 postal district.
Our Data Sources
16, Malsters Drive, Horncastle has a single entry in the Land Registry from November 2024 and a single entry in the EPC database dated September 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
In very good condition, we estimate 16, Malsters Drive, Horncastle would be worth £235,014, with a potential rental value of £1,106 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £208,155, with a rental value of £979 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 16, Malsters Drive, Horncastle has decreased by £5,716 (2.6%) over the last year. During the same period, its estimated monthly rental value has grown by £49 (4.6%). The property's estimated gross yield is currently 5.6%.
Energy Efficiency
16, Malsters Drive, Horncastle has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 Sep 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
16, Malsters Drive, Horncastle last changed hands on 8th November 2024, selling for £215,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 3.0% since November 2024.
- Sold Nov 2024£215,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.3 kilometres of 16, Malsters Drive, Horncastle across the last 2 years.
Most recently, 35, Malsters Drive, Horncastle, LN9 5FH, a freehold house, sold at £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
Our analysis of the public data ranks 16, Malsters Drive, Horncastle as the 18th largest and the 18th most expensive of the 46 addresses on Malsters Drive, Horncastle, LN9.
Against the LN9 postcode district average, it is £45k less expensive than the typical property.
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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
Metheringham station is the nearest stop to 16, Malsters Drive, Horncastle at 19.1 kilometres away.
- 19.1kmMetheringham
- 23.7kmMarket Rasen
- 24.1kmThorpe Culvert
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
