Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
2, Greenwood Close, Horncastle is recorded publicly as a modern freehold house across 807 ft2 of internal area.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 2, Greenwood Close, Horncastle is £199,747 and its rental estimate is £972 per month, given the available information and assuming reasonable condition.
Greenwood Close, Horncastle, LN9 falls within the LN9 postal district, in the borough of East Lindsey.
2, Greenwood Close, Horncastle has a single entry in the Land Registry from February 2024 and a single entry in the EPC database dated February 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.
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 2, Greenwood Close, Horncastle, we estimate a market value of £209,735 and a rental value of £1,021 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £185,765 and £904 per month respectively.
Over the last year, 2, Greenwood Close, Horncastle has seen its estimated sale value decrease by £3,093 (1.5%) and its estimated rental value grow by £49 per month (5.1%). This results in an estimated gross rental yield of 5.8%.
2, Greenwood Close, Horncastle has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 01 Feb 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 2, Greenwood Close, Horncastle completed on 29th February 2024 at £210,895 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 dropped by 1.2% over the period since February 2024.
Over the past 2 years 3 properties similar to 2, Greenwood Close, Horncastle have sold within a radius of 980 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th June 2024, was 13, Warner Drive, Horncastle, LN9 6RP, a freehold house which sold for £203,295.
Read more about house prices in LN9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 12 addresses on Greenwood Close, Horncastle, LN9, 2, Greenwood Close, Horncastle comes out as the 5th largest and the 5th most expensive in our analysis of the public data.
It is also £69k less expensive than the average property across the LN9 district.
From 2, Greenwood Close, Horncastle, the nearest station is Metheringham, 20.8 kilometres away.
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 2, Greenwood Close, Horncastle, 57.3% of property is privately owned outright and 27.5% 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 2, Greenwood Close, Horncastle, 12.6% of residents are recorded as possessing school level qualifications and 22.3% 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 2, Greenwood 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 2, Greenwood 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 2, Greenwood 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.
