38, Malsters Drive
38, Malsters Drive
Description & Estimates
According to the public record, 38, Malsters Drive, Horncastle is a modern freehold house with 1,356 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 38, Malsters Drive, Horncastle is £279,519 and the estimated rental value is £1,246 per month.
Malsters Drive, Horncastle, LN9 is located in the borough of East Lindsey within the LN9 postal district.
Our Data Sources
38, Malsters Drive, Horncastle has a single entry in the Land Registry from July 2025 and a single entry in the EPC database dated May 2025.
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
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 38, Malsters Drive, Horncastle is in very good condition we estimate a sale value of £293,495 and a rental value of £1,308 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £259,953 and a rental value of £1,159 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 38, Malsters Drive, Horncastle has moved down by £12,134 (4.3%), while its estimated rental value has increased by £24 per month (2.0%). Based on current estimates, the property offers a gross rental yield of 5.3%.
Energy Efficiency
38, Malsters Drive, Horncastle has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 30 May 2025.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 38, Malsters Drive, Horncastle was last sold on 17th July 2025 for £329,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2025, the market for similar properties has risen by 3.2%.
- Sold Jul 2025£329,950
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Malsters Drive, Horncastle within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 13, Malsters Drive, Horncastle, LN9 5FH, a freehold house which sold for £313,000 on the 13th March 2026.
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
Malsters Drive, Horncastle, LN9 has a total of 46 addresses. According to our analysis of all the public data, 38, Malsters Drive, Horncastle is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £11k more expensive than the average property in LN9.
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Schools Nearby
- 1.4kmHorncastle Primary School
- 7.3kmThe Kirkby-on-Bain Church of England Primary School
- 7.7kmBucknall Primary School
- 600mQueen Elizabeth's Grammar School, Horncastle
- 1.7kmThe Banovallum School
- 12.0kmThe Barnes Wallis Academy
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Public Transport Nearby
The closest station to 38, Malsters Drive, Horncastle is Metheringham station, which is 19.1 kilometres away.
- 19.1kmMetheringham
- 23.7kmMarket Rasen
- 24.1kmThorpe Culvert
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
