28, Prospect Street
28, Prospect Street
Description & Estimates
28, Prospect Street, Horncastle is recorded publicly as a mid-century freehold house across 613 ft2 of internal area, sitting on a 247 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 28, Prospect Street, Horncastle is £141,015 and its rental estimate is £770 per month, given the available information and assuming reasonable condition.
Prospect Street, Horncastle, LN9 falls within the LN9 postal district, in the borough of East Lindsey.
Our Data Sources
28, Prospect Street, Horncastle has 21 entries in the Land Registry , most recently in June 2021 and a single entry in the EPC database dated January 2021.
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
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 28, Prospect Street, Horncastle, we estimate a market value of £148,066 and a rental value of £809 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £131,144 and £716 per month respectively.
Recent Market Change
Over the last year, 28, Prospect Street, Horncastle has seen its estimated sale value decrease by £2,184 (1.5%) and its estimated rental value grow by £39 per month (5.1%). This results in an estimated gross rental yield of 6.6%.
Plot Size
HM Land Registry records the plot of land for 28, Prospect Street, Horncastle as measuring 247 m2.
That makes it the 21st largest plot in the postcode, where 33 of the 51 other houses have recorded plot data.
Energy Efficiency
28, Prospect Street, Horncastle has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Jan 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 28, Prospect Street, Horncastle completed on 24th June 2021 at £144,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 48.4% over the period since June 2021.
- Sold Jun 2021£144,000
- Sold Jan 1996£38,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 28, Prospect Street, Horncastle have sold within a radius of 740 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th February 2024, was 33A, Prospect Street, Horncastle, LN9 5BA, a freehold house which sold for £130,000.
Read more about house prices in LN9.
- Sold Feb 2024£130,000 | 2 Bed House33A, Prospect Street, Horncastle, LN9 5BA33A, Prospect Street, Horncastle, LN9 5BA
- Sold Oct 2019£129,500 | 2 Bed House24, Prospect Street, Horncastle, LN9 5BA24, Prospect Street, Horncastle, LN9 5BA
- Sold Sep 2015£120,000 | 2 Bed House30, Prospect Street, Horncastle, LN9 5BA30, Prospect Street, Horncastle, LN9 5BA
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 81 addresses on Prospect Street, Horncastle, LN9, 28, Prospect Street, Horncastle comes out as the 56th largest and the 62nd most expensive in our analysis of the public data.
It is also £128k less expensive than the average property across the LN9 district.
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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
From 28, Prospect Street, Horncastle, the nearest station is Metheringham, 19.8 kilometres away.
- 19.8kmMetheringham
- 23.4kmThorpe Culvert
- 24.1kmMarket Rasen
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated medium, based on Environment Agency data.
