36, Prospect Street
36, Prospect Street
Description & Estimates
36, Prospect Street, Horncastle is recorded publicly as a mid-century freehold house across 963 ft2 of internal area, sitting on a 481 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 36, Prospect Street, Horncastle is £184,785 and its rental estimate is £975 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
36, Prospect Street, Horncastle has a single entry in the Land Registry from August 2019 and a single entry in the EPC database dated August 2010.
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 36, Prospect Street, Horncastle, we estimate a market value of £194,024 and a rental value of £1,023 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £171,850 and £906 per month respectively.
Recent Market Change
Over the last year, 36, Prospect Street, Horncastle has seen its estimated sale value move down by £4,719 (2.6%) and its estimated rental value increase by £45 per month (4.6%). This results in an estimated gross rental yield of 6.3%.
Plot Size
HM Land Registry records the plot of land for 36, Prospect Street, Horncastle as measuring 481 m2.
That makes it the 7th largest plot in the postcode, where 33 of the 51 other houses have recorded plot data.
Energy Efficiency
36, Prospect Street, Horncastle has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Aug 2010.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 36, Prospect Street, Horncastle completed on 22nd August 2019 at £175,000 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 risen by 51.4% over the period since August 2019.
- Sold Aug 2019£175,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 36, Prospect Street, Horncastle have sold within a radius of 750 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th May 2024, was 17, Prospect Street, Horncastle, LN9 5BA, a freehold house which sold for £149,950.
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
Of the 81 addresses on Prospect Street, Horncastle, LN9, 36, Prospect Street, Horncastle comes out as the 26th largest and the 32nd most expensive in our analysis of the public data.
It is also £84k less expensive than the average property across the LN9 district.
More reading links
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 36, 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 low, based on Environment Agency data.
