55, Malsters Drive
55, Malsters Drive
Description & Estimates
55, Malsters Drive, Horncastle is described in the public record as a modern apartment with 419 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 55, Malsters Drive, Horncastle is £110,629 and its rental estimate is £770 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.
Our Data Sources
55, 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
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, Malsters Drive, Horncastle, we estimate a market value of £116,160 and a rental value of £808 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £102,885 and £716 per month respectively.
Recent Market Change
Over the last year, 55, Malsters Drive, Horncastle has seen its estimated sale value fall by £2,077 (1.9%) and its estimated rental value move up by £39 per month (5.1%). This results in an estimated gross rental yield of 8.3%.
Energy Efficiency
55, 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
Over the past 2 years 2 properties similar to 55, 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 30th June 2025, was 51, Malsters Drive, Horncastle, LN9 5FH, a leasehold flat which sold for £230,385.
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 46 addresses on Malsters Drive, Horncastle, LN9, 55, Malsters Drive, Horncastle comes out as the 44th largest and the 45th most expensive in our analysis of the public data.
It is also £158k less expensive than the average property across the LN9 district.
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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
From 55, Malsters Drive, Horncastle, the nearest station is Metheringham, 19.1 kilometres away.
- 19.1kmMetheringham
- 23.7kmMarket Rasen
- 24.1kmThorpe Culvert
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
