55, College Close
55, College Close
Description & Estimates
55, College Close, Horncastle appears in the public record as a freehold house sitting on a 197 m2 plot.
By comparing it to nearby properties, we estimate it to be a modern house with 1,095 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of 55, College Close, Horncastle is £205,791 and its rental estimate is £1,019 per month, given the available information and assuming reasonable condition.
College Close, Horncastle, LN9 falls within the LN9 postal district, in the borough of East Lindsey.
Our Data Sources
55, College Close, Horncastle has 21 entries in the Land Registry , most recently in October 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 5 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 55, College Close, Horncastle, we estimate a market value of £216,081 and a rental value of £1,070 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £191,386 and £948 per month respectively.
Recent Market Change
Over the last year, 55, College Close, Horncastle has seen its estimated sale value drop by £5,255 (2.6%) and its estimated rental value rise by £47 per month (4.6%). This results in an estimated gross rental yield of 5.9%.
Plot Size
HM Land Registry records the plot of land for 55, College Close, Horncastle as measuring 197 m2.
That makes it the 13th largest plot in the postcode, where 24 of the 32 other houses have recorded plot data.
Sold Prices
The most recent sale of 55, College Close, Horncastle completed on 31st October 2007 at £114,000 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 83.2% over the period since October 2007.
- Sold Oct 2007£114,000
- Sold Jul 2004£84,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 55, College Close, Horncastle have sold within a radius of 950 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st October 2024, was 60, College Park, Horncastle, LN9 6RJ, a freehold house which sold for £217,500.
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
Of the 71 addresses on College Close, Horncastle, LN9, 55, College Close, Horncastle comes out as the largest and the most expensive in our analysis of the public data.
It is also £63k less expensive than the average property across the LN9 district.
More reading links
Schools Nearby
- 1.2kmHorncastle Primary School
- 6.6kmThe Kirkby-on-Bain Church of England Primary School
- 7.6kmThe Mareham-le-Fen Church of England Primary School
- 200mThe Banovallum School
- 1.3kmQueen Elizabeth's Grammar School, Horncastle
- 11.5kmThe Barnes Wallis Academy
More reading links
Public Transport Nearby
From 55, College Close, Horncastle, the nearest station is Metheringham, 20.0 kilometres away.
- 20.0kmMetheringham
- 22.3kmThorpe Culvert
- 25.0kmHubberts Bridge
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.
