57, Malsters Drive
57, Malsters Drive
Description & Estimates
The public record describes 57, Malsters Drive, Horncastle as a modern apartment with 527 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
57, Malsters Drive, Horncastle has an estimated sale value of £125,160 and an estimated rental value of £855 per month, assuming reasonable condition and based on the information available.
Malsters Drive, Horncastle, LN9 lies in the borough of East Lindsey, within the LN9 postal district.
Our Data Sources
57, 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
In very good condition, we estimate 57, Malsters Drive, Horncastle would be worth £131,418, with a potential rental value of £898 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £116,399, with a rental value of £795 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 57, Malsters Drive, Horncastle has decreased by £2,350 (1.9%) over the last year. During the same period, its estimated monthly rental value has grown by £43 (5.1%). The property's estimated gross yield is currently 8.2%.
Energy Efficiency
57, 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
Land Registry records and our Estate Agent network show 2 sales of comparable properties within 1.3 kilometres of 57, Malsters Drive, Horncastle across the last 2 years.
Most recently, 6, The Ropewalk, Horncastle, LN9 5BF, a leasehold flat, sold at £120,000 on the 6th October 2023.
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 57, Malsters Drive, Horncastle as the 42nd largest and the 43rd most expensive of the 46 addresses on Malsters Drive, Horncastle, LN9.
Against the LN9 postcode district average, it is £144k less expensive than the typical property.
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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
Metheringham station is the nearest stop to 57, Malsters Drive, Horncastle at 19.1 kilometres away.
- 19.1kmMetheringham
- 23.7kmMarket Rasen
- 24.1kmThorpe Culvert
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
