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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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53, Malsters Drive, Horncastle is described in the public record as a modern apartment with 527 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 53, Malsters Drive, Horncastle is £125,160 and its rental estimate is £855 per month, given the available information and assuming reasonable condition.
Malsters Drive, Horncastle, LN9 falls within the LN9 postal district, in the borough of East Lindsey.
53, 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.
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 53, Malsters Drive, Horncastle, we estimate a market value of £131,418 and a rental value of £898 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £116,399 and £795 per month respectively.
Over the last year, 53, Malsters Drive, Horncastle has seen its estimated sale value move down by £2,350 (1.9%) and its estimated rental value increase by £43 per month (5.1%). This results in an estimated gross rental yield of 8.2%.
53, 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.
Over the past 2 years 2 properties similar to 53, Malsters Drive, Horncastle have sold within a radius of 1.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th October 2023, was 6, The Ropewalk, Horncastle, LN9 5BF, a leasehold flat which sold for £120,000.
Read more about house prices in LN9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 46 addresses on Malsters Drive, Horncastle, LN9, 53, Malsters Drive, Horncastle comes out as the 43rd largest and the 44th most expensive in our analysis of the public data.
It is also £144k less expensive than the average property across the LN9 district.
From 53, Malsters Drive, Horncastle, the nearest station is Metheringham, 19.1 kilometres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 53, Malsters Drive, Horncastle, 50.0% of property is privately owned outright and 33.1% is privately owned with a mortgage.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 53, Malsters Drive, Horncastle, 20.0% of residents are recorded as possessing school level qualifications and 32.8% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 53, Malsters Drive, Horncastle, the average age was 45.8 and the most common age was 57.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 53, Malsters Drive, Horncastle, 0.0% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 53, Malsters Drive, Horncastle, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
