16, Prospect Street
16, Prospect Street
Description & Estimates
Public records show 16, Prospect Street, Horncastle to be a modern freehold house with 861 ft2 of internal area, sitting on a 426 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
16, Prospect Street, Horncastle has an estimated sale value of £175,096 and an estimated rental value of £940 per month, assuming reasonable condition and based on the information available.
Prospect Street, Horncastle, LN9 lies in the borough of East Lindsey, within the LN9 postal district.
Our Data Sources
16, Prospect Street, Horncastle has a single entry in the Land Registry from June 2014 and a single entry in the EPC database dated April 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 16, Prospect Street, Horncastle would be worth £183,851, with a potential rental value of £987 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £162,839, with a rental value of £874 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, Prospect Street, Horncastle has dropped by £4,471 (2.6%) over the last year. During the same period, its estimated monthly rental value has risen by £43 (4.6%). The property's estimated gross yield is currently 6.4%.
Plot Size
16, Prospect Street, Horncastle occupies a 426 m2 plot as recorded by HM Land Registry.
Of the 51 other houses in this postcode, 33 have recorded plot sizes, and this one ranks as the 8th largest.
Energy Efficiency
16, Prospect Street, Horncastle has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Apr 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
16, Prospect Street, Horncastle last changed hands on 26th June 2014, selling for £115,000. 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 risen by 79.1% since June 2014.
- Sold Jun 2014£115,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 730 metres of 16, Prospect Street, Horncastle across the last 2 years.
Most recently, 34, Bells Yard Close, Horncastle, LN9 5BT, a freehold house, sold at £170,250 on the 17th December 2024.
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, Prospect Street, Horncastle as the 33rd largest and the 42nd most expensive of the 81 addresses on Prospect Street, Horncastle, LN9.
Against the LN9 postcode district average, it is £94k less expensive than the typical property.
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Schools Nearby
- 600mHorncastle Primary School
- 7.5kmThe Kirkby-on-Bain Church of England Primary School
- 8.5kmBucknall Primary School
- 200mQueen Elizabeth's Grammar School, Horncastle
- 1.1kmThe Banovallum School
- 12.3kmThe Barnes Wallis Academy
More reading links
Public Transport Nearby
Metheringham station is the nearest stop to 16, Prospect Street, Horncastle at 19.8 kilometres away.
- 19.8kmMetheringham
- 23.4kmThorpe Culvert
- 24.1kmMarket Rasen
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a low risk of flooding.
