40, Thomas Gibson Drive
40, Thomas Gibson Drive
Description & Estimates
40, Thomas Gibson Drive, Horncastle is recorded publicly as a modern freehold house across 1,089 ft2 of internal area, sitting on a 217 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 40, Thomas Gibson Drive, Horncastle is £239,930 and its rental estimate is £1,082 per month, given the available information and assuming reasonable condition.
Thomas Gibson Drive, Horncastle, LN9 falls within the LN9 postal district, in the borough of East Lindsey.
Our Data Sources
40, Thomas Gibson Drive, Horncastle has 21 entries in the Land Registry , most recently in November 2012 and a single entry in the EPC database dated September 2011.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 40, Thomas Gibson Drive, Horncastle, we estimate a market value of £251,926 and a rental value of £1,137 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £223,135 and £1,007 per month respectively.
Recent Market Change
Over the last year, 40, Thomas Gibson Drive, Horncastle has seen its estimated sale value decline by £6,127 (2.6%) and its estimated rental value climb by £50 per month (4.6%). This results in an estimated gross rental yield of 5.4%.
Plot Size
HM Land Registry records the plot of land for 40, Thomas Gibson Drive, Horncastle as measuring 217 m2.
That makes it the 28th largest plot in the postcode, where 28 of the 36 other houses have recorded plot data.
Energy Efficiency
40, Thomas Gibson Drive, Horncastle has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Sep 2011.
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 40, Thomas Gibson Drive, Horncastle completed on 5th November 2012 at £135,000 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 87.8% over the period since November 2012.
- Sold Nov 2012£135,000
- Sold Sep 1997£55,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 40, Thomas Gibson Drive, Horncastle have sold within a radius of 690 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th February 2026, was 6, Wesley Way, Horncastle, LN9 6RY, a freehold house which sold for £270,000.
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 36 addresses on Thomas Gibson Drive, Horncastle, LN9, 40, Thomas Gibson Drive, Horncastle comes out as the 11th largest and the 8th most expensive in our analysis of the public data.
It is also £29k less expensive than the average property across the LN9 district.
More reading links
Schools Nearby
- 800mHorncastle Primary School
- 7.0kmThe Kirkby-on-Bain Church of England Primary School
- 8.0kmThe Mareham-le-Fen Church of England Primary School
- 300mThe Banovallum School
- 1.2kmQueen Elizabeth's Grammar School, Horncastle
- 12.0kmThe Barnes Wallis Academy
More reading links
Public Transport Nearby
From 40, Thomas Gibson Drive, Horncastle, the nearest station is Metheringham, 20.3 kilometres away.
- 20.3kmMetheringham
- 22.3kmThorpe Culvert
- 25.2kmMarket 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 very low, based on Environment Agency data.
