20, Mill Lane
20, Mill Lane
Description & Estimates
Public records show 20, Mill Lane, Horncastle to be a period freehold house with 355 ft2 of internal area.
In this area, houses of this size normally have 1 bedroom with a garden.
20, Mill Lane, Horncastle has an estimated sale value of £83,531 and an estimated rental value of £460 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
20, Mill Lane, Horncastle has a single entry in the Land Registry from August 2011 and a single entry in the EPC database dated August 2022.
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 20, Mill Lane, Horncastle would be worth £87,707, with a potential rental value of £484 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £77,684, with a rental value of £428 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 20, Mill Lane, Horncastle has moved down by £1,294 (1.5%) over the last year. During the same period, its estimated monthly rental value has increased by £23 (5.1%). The property's estimated gross yield is currently 6.6%.
Energy Efficiency
20, Mill Lane, Horncastle has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 04 Aug 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
20, Mill Lane, Horncastle last changed hands on 5th August 2011, selling for £43,000. 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 105.5% since August 2011.
- Sold Aug 2011£43,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 750 metres of 20, Mill Lane, Horncastle across the last 2 years.
Most recently, 25, Foundry Street, Horncastle, LN9 6AB, a freehold house, sold at £113,500 on the 13th October 2023.
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 20, Mill Lane, Horncastle as the 65th largest and the 66th most expensive of the 66 addresses on Mill Lane, Thimbleby, Horncastle, LN9.
Against the LN9 postcode district average, it is £185k less expensive than the typical property.
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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 20, 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.
