4, Blackthorn Lane
4, Blackthorn Lane
Description & Estimates
4, Blackthorn Lane, Horncastle is recorded publicly as a modern freehold house across 1,431 ft2 of internal area, sitting on a 356 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 4, Blackthorn Lane, Horncastle is £418,406 and its rental estimate is £1,365 per month, given the available information and assuming reasonable condition.
Blackthorn Lane, Horncastle, LN9 falls within the LN9 postal district, in the borough of East Lindsey.
Our Data Sources
4, Blackthorn Lane, Horncastle has a single entry in the Land Registry from February 2021 and a single entry in the EPC database dated February 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 4, Blackthorn Lane, Horncastle, we estimate a market value of £439,327 and a rental value of £1,434 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £389,118 and £1,270 per month respectively.
Recent Market Change
Over the last year, 4, Blackthorn Lane, Horncastle has seen its estimated sale value decrease by £18,163 (4.3%) and its estimated rental value grow by £27 per month (2.0%). This results in an estimated gross rental yield of 3.9%.
Plot Size
HM Land Registry records the plot of land for 4, Blackthorn Lane, Horncastle as measuring 356 m2.
That makes it the 4th largest plot in the postcode, where all 5 other houses have recorded plot data.
Energy Efficiency
4, Blackthorn Lane, Horncastle has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 01 Feb 2021.
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 4, Blackthorn Lane, Horncastle completed on 11th February 2021 at £350,000 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 12.0% over the period since February 2021.
- Sold Feb 2021£350,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 4, Blackthorn Lane, Horncastle have sold within a radius of 740 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th December 2023, was 5, Blackthorn Lane, Horncastle, LN9 5FF, a freehold house which sold for £455,000.
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 5 addresses on Blackthorn Lane, Horncastle, LN9, 4, Blackthorn Lane, Horncastle comes out as the 3rd largest and the 3rd most expensive in our analysis of the public data.
It is also £150k more expensive than the average property across the LN9 district.
More reading links
Schools Nearby
- 100mHorncastle Primary School
- 7.6kmThe Kirkby-on-Bain Church of England Primary School
- 8.6kmThe Edward Richardson Primary School, Tetford
- 800mQueen Elizabeth's Grammar School, Horncastle
- 900mThe Banovallum School
- 12.5kmThe Barnes Wallis Academy
More reading links
Public Transport Nearby
From 4, Blackthorn Lane, Horncastle, the nearest station is Metheringham, 20.3 kilometres away.
- 20.3kmMetheringham
- 22.9kmThorpe Culvert
- 24.5kmMarket Rasen
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
