51, Malsters Drive
51, Malsters Drive
Description & Estimates
According to the public record, 51, Malsters Drive, Horncastle is a modern apartment with 419 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 51, Malsters Drive, Horncastle is £110,629 and the estimated rental value is £770 per month.
Malsters Drive, Horncastle, LN9 is located in the borough of East Lindsey within the LN9 postal district.
Our Data Sources
51, Malsters Drive, Horncastle has no records in the the Land Registry and a single entry in the EPC database dated April 2025.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 51, Malsters Drive, Horncastle is in very good condition we estimate a sale value of £116,160 and a rental value of £808 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £102,885 and a rental value of £716 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 51, Malsters Drive, Horncastle has dropped by £2,077 (1.9%), while its estimated rental value has risen by £39 per month (5.1%). Based on current estimates, the property offers a gross rental yield of 8.3%.
Energy Efficiency
51, Malsters Drive, Horncastle has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 Apr 2025.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there has been 1 sale of a property similar to 51, Malsters Drive, Horncastle within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 4, Millview Court, Horncastle, LN9 5SH, a leasehold flat which sold for £86,000 on the 30th May 2018.
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, 51, Malsters Drive, Horncastle is the 45th largest and the 46th most expensive property on the street.
When compared to the postcode district it is £158k less 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 51, 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.
