43, Prospect Street
43, Prospect Street
Description & Estimates
43, Prospect Street, Horncastle is recorded publicly as a modern freehold house across 828 ft2 of internal area, sitting on a 210 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 43, Prospect Street, Horncastle is £167,643 and its rental estimate is £905 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
43, Prospect Street, Horncastle has 21 entries in the Land Registry , most recently in March 2023 and a single entry in the EPC database dated May 2022.
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 43, Prospect Street, Horncastle, we estimate a market value of £176,025 and a rental value of £950 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £155,908 and £842 per month respectively.
Recent Market Change
Over the last year, 43, Prospect Street, Horncastle has seen its estimated sale value drop by £4,281 (2.6%) and its estimated rental value rise by £42 per month (4.6%). This results in an estimated gross rental yield of 6.5%.
Plot Size
HM Land Registry records the plot of land for 43, Prospect Street, Horncastle as measuring 210 m2.
That makes it the 25th largest plot in the postcode, where 33 of the 51 other houses have recorded plot data.
Energy Efficiency
43, Prospect Street, Horncastle has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 May 2022.
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 43, Prospect Street, Horncastle completed on 1st March 2023 at £175,000 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 21.3% over the period since March 2023.
- Sold Mar 2023£175,000
- Sold Oct 1999£38,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 43, Prospect Street, Horncastle have sold within a radius of 760 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th May 2023, was 18, Prospect Street, Horncastle, LN9 5BA, a freehold house which sold for £225,000.
Read more about house prices in LN9.
- Sold May 2023£225,000 | 3 Bed House18, Prospect Street, Horncastle, LN9 5BA18, Prospect Street, Horncastle, LN9 5BA
- Sold Jun 2021£195,000 | 2 Bed House11, Ashwood Close, Horncastle, LN9 5HA11, Ashwood Close, Horncastle, LN9 5HA
- Sold Aug 2017£125,000 | 2 Bed House41, Prospect Street, Horncastle, LN9 5BA41, Prospect Street, Horncastle, LN9 5BA
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 81 addresses on Prospect Street, Horncastle, LN9, 43, Prospect Street, Horncastle comes out as the 37th largest and the 45th most expensive in our analysis of the public data.
It is also £101k 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 43, 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.
