3, Greenwood Close
3, Greenwood Close
Description & Estimates
3, Greenwood Close, Horncastle is recorded publicly as a modern freehold house across 764 ft2 of internal area.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 3, Greenwood Close, Horncastle is £189,529 and its rental estimate is £929 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.
Our Data Sources
3, Greenwood Close, Horncastle has a single entry in the Land Registry from February 2024 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
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 3, Greenwood Close, Horncastle, we estimate a market value of £199,005 and a rental value of £976 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £176,262 and £864 per month respectively.
Recent Market Change
Over the last year, 3, Greenwood Close, Horncastle has seen its estimated sale value decline by £2,935 (1.5%) and its estimated rental value climb by £47 per month (5.1%). This results in an estimated gross rental yield of 5.9%.
Energy Efficiency
3, Greenwood Close, Horncastle has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Nov 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 3, Greenwood Close, Horncastle completed on 22nd February 2024 at £194,745 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.
- Sold Feb 2024£194,745
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3, Greenwood Close, Horncastle have sold within a radius of 1.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st May 2024, was 11, Warner Drive, Horncastle, LN9 6RP, a freehold house which sold for £188,095.
Read more about house prices in LN9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 12 addresses on Greenwood Close, Horncastle, LN9, 3, Greenwood Close, Horncastle comes out as the 9th largest and the 9th most expensive in our analysis of the public data.
It is also £79k less expensive than the average property across the LN9 district.
More reading links
Schools Nearby
- 900mHorncastle Primary School
- 7.3kmThe Kirkby-on-Bain Church of England Primary School
- 8.1kmThe Mareham-le-Fen Church of England Primary School
- 700mThe Banovallum School
- 1.5kmQueen Elizabeth's Grammar School, Horncastle
- 12.3kmThe Barnes Wallis Academy
More reading links
Public Transport Nearby
From 3, Greenwood Close, Horncastle, the nearest station is Metheringham, 20.8 kilometres away.
- 20.8kmMetheringham
- 22.0kmThorpe Culvert
- 25.0kmWainfleet
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
