56, Prospect Street
56, Prospect Street
Description & Estimates
Public records show 56, Prospect Street, Horncastle to be a period freehold house with 1,220 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
56, Prospect Street, Horncastle has an estimated sale value of £209,444 and an estimated rental value of £1,056 per month, assuming reasonable condition and based on the information available.
Prospect Street, Horncastle, LN9 lies in the borough of East Lindsey, within the LN9 postal district.
Our Data Sources
56, Prospect Street, Horncastle has 2 entries in the Land Registry , most recently in September 2018 and a single entry in the EPC database dated March 2010.
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
In very good condition, we estimate 56, Prospect Street, Horncastle would be worth £219,916, with a potential rental value of £1,108 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £194,782, with a rental value of £982 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 56, Prospect Street, Horncastle has declined by £5,349 (2.6%) over the last year. During the same period, its estimated monthly rental value has climbed by £49 (4.6%). The property's estimated gross yield is currently 6.0%.
Energy Efficiency
56, Prospect Street, Horncastle has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 13 Mar 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
56, Prospect Street, Horncastle last changed hands on 4th September 2018, selling for £250,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 52.7% since September 2018.
- Sold Sep 2018£250,000
- Sold Nov 2010£185,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 780 metres of 56, Prospect Street, Horncastle across the last 2 years.
Most recently, 28, Bells Yard Close, Horncastle, LN9 5BT, a freehold house, sold at £205,000 on the 24th April 2026.
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
Our analysis of the public data ranks 56, Prospect Street, Horncastle as the 10th largest and the 23rd most expensive of the 81 addresses on Prospect Street, Horncastle, LN9.
Against the LN9 postcode district average, it is £59k less expensive than the typical property.
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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
Metheringham station is the nearest stop to 56, Prospect Street, Horncastle at 19.8 kilometres away.
- 19.8kmMetheringham
- 23.4kmThorpe Culvert
- 24.1kmMarket Rasen
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
