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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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58, Foundry Street, Horncastle is recorded publicly as a period freehold house across 624 ft2 of internal area.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 58, Foundry Street, Horncastle is £113,693 and its rental estimate is £627 per month, given the available information and assuming reasonable condition.
Foundry Street, Horncastle, LN9 falls within the LN9 postal district, in the borough of East Lindsey.
58, Foundry Street, Horncastle has 3 entries in the Land Registry , most recently in December 2023 and a single entry in the EPC database dated April 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 58, Foundry Street, Horncastle, we estimate a market value of £119,378 and a rental value of £658 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £105,735 and £583 per month respectively.
Over the last year, 58, Foundry Street, Horncastle has seen its estimated sale value drop by £1,761 (1.5%) and its estimated rental value rise by £32 per month (5.1%). This results in an estimated gross rental yield of 6.6%.
58, Foundry Street, Horncastle has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Apr 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 58, Foundry Street, Horncastle completed on 8th December 2023 at £122,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 31.0% over the period since December 2023.
Over the past 2 years 3 properties similar to 58, Foundry Street, Horncastle have sold within a radius of 650 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th November 2024, was 50, Foundry Street, Horncastle, LN9 6AB, a freehold house which sold for £114,000.
Read more about house prices in LN9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 110 addresses on Foundry Street, Horncastle, LN9, 58, Foundry Street, Horncastle comes out as the 62nd largest and the 74th most expensive in our analysis of the public data.
It is also £155k less expensive than the average property across the LN9 district.
From 58, Foundry Street, Horncastle, the nearest station is Metheringham, 20.1 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 58, Foundry Street, Horncastle, 39.9% of property is privately rented and 32.6% is privately owned outright.
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 58, Foundry Street, Horncastle, 13.7% of residents are recorded as possessing school level qualifications and 23.9% 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 58, Foundry Street, 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 58, Foundry Street, Horncastle, 0.9% 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 58, Foundry Street, Horncastle, there are an average of 1.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
