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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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22, Malsters Drive, Horncastle is recorded publicly as a modern freehold house across 731 ft2 of internal area.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 22, Malsters Drive, Horncastle is £190,603 and its rental estimate is £919 per month, given the available information and assuming reasonable condition.
Malsters Drive, Horncastle, LN9 falls within the LN9 postal district, in the borough of East Lindsey.
22, Malsters Drive, Horncastle has a single entry in the Land Registry from May 2025 and a single entry in the EPC database dated November 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 22, Malsters Drive, Horncastle, we estimate a market value of £200,133 and a rental value of £965 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £177,261 and £855 per month respectively.
Over the last year, 22, Malsters Drive, Horncastle has seen its estimated sale value decrease by £3,363 (1.8%) and its estimated rental value grow by £46 per month (5.1%). This results in an estimated gross rental yield of 5.8%.
22, Malsters Drive, Horncastle has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 Nov 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 22, Malsters Drive, Horncastle completed on 2nd May 2025 at £169,950 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 1.8% over the period since May 2025.
Over the past 2 years 3 properties similar to 22, Malsters Drive, Horncastle have sold within a radius of 1.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th May 2025, was 26, Malsters Drive, Horncastle, LN9 5FH, a freehold house which sold for £179,950.
Read more about house prices in LN9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 46 addresses on Malsters Drive, Horncastle, LN9, 22, Malsters Drive, Horncastle comes out as the 41st largest and the 30th most expensive in our analysis of the public data.
It is also £78k less expensive than the average property across the LN9 district.
From 22, Malsters Drive, Horncastle, the nearest station is Metheringham, 19.1 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 22, Malsters Drive, Horncastle, 50.0% of property is privately owned outright and 33.1% 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 22, Malsters Drive, Horncastle, 20.0% of residents are recorded as possessing school level qualifications and 32.8% 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 22, Malsters Drive, 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 22, Malsters Drive, 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 22, Malsters Drive, Horncastle, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
