2, Mill Lane
2, Mill Lane
Description & Estimates
Public records show 2, Mill Lane, Horncastle to be a period freehold house with 559 ft2 of internal area, sitting on a 102 m2 plot.
In this area, houses of this size normally have 2 bedrooms with a garden.
2, Mill Lane, Horncastle has an estimated sale value of £104,761 and an estimated rental value of £578 per month, assuming reasonable condition and based on the information available.
Mill Lane, Thimbleby, Horncastle, LN9 lies in the borough of East Lindsey, within the LN9 postal district.
Our Data Sources
2, Mill Lane, Horncastle has a single entry in the Land Registry from January 2021 and a single entry in the EPC database dated November 2023.
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 2, Mill Lane, Horncastle would be worth £109,999, with a potential rental value of £606 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £97,428, with a rental value of £537 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 2, Mill Lane, Horncastle has declined by £1,622 (1.5%) over the last year. During the same period, its estimated monthly rental value has climbed by £29 (5.1%). The property's estimated gross yield is currently 6.6%.
Plot Size
2, Mill Lane, Horncastle occupies a 102 m2 plot as recorded by HM Land Registry.
Of the 33 other houses in this postcode, 14 have recorded plot sizes, and this one ranks as the 8th largest.
Energy Efficiency
2, Mill Lane, Horncastle has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 08 Nov 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
2, Mill Lane, Horncastle last changed hands on 19th January 2021, selling for £82,000. 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 56.4% since January 2021.
- Sold Jan 2021£82,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 760 metres of 2, Mill Lane, Horncastle across the last 2 years.
Most recently, 6, Mill Lane, Horncastle, LN9 5DS, a freehold house, sold at £90,000 on the 13th 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 2, Mill Lane, Horncastle as the 59th largest and the 59th most expensive of the 66 addresses on Mill Lane, Thimbleby, Horncastle, LN9.
Against the LN9 postcode district average, it is £164k less expensive than the typical property.
More reading links
Schools Nearby
- 400mHorncastle Primary School
- 7.6kmThe Kirkby-on-Bain Church of England Primary School
- 8.7kmBucknall Primary School
- 500mQueen Elizabeth's Grammar School, Horncastle
- 1.0kmThe Banovallum School
- 12.4kmThe Barnes Wallis Academy
More reading links
Public Transport Nearby
Metheringham station is the nearest stop to 2, Mill Lane, Horncastle at 20.1 kilometres away.
- 20.1kmMetheringham
- 23.2kmThorpe Culvert
- 24.3kmMarket 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 very low risk of flooding.
