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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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6, Mill Lane, Horncastle is recorded publicly as a period freehold house across 516 ft2 of internal area, sitting on a 112 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 6, Mill Lane, Horncastle is £100,668 and its rental estimate is £555 per month, given the available information and assuming reasonable condition.
Mill Lane, Thimbleby, Horncastle, LN9 falls within the LN9 postal district, in the borough of East Lindsey.
6, Mill Lane, Horncastle has 2 entries in the Land Registry , most recently in December 2024 and a single entry in the EPC database dated October 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 6, Mill Lane, Horncastle, we estimate a market value of £105,701 and a rental value of £583 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £93,621 and £516 per month respectively.
Over the last year, 6, Mill Lane, Horncastle has seen its estimated sale value decrease by £1,559 (1.5%) and its estimated rental value grow by £28 per month (5.1%). This results in an estimated gross rental yield of 6.6%.
HM Land Registry records the plot of land for 6, Mill Lane, Horncastle as measuring 112 m2.
That makes it the 7th largest plot in the postcode, where 14 of the 33 other houses have recorded plot data.
6, Mill Lane, Horncastle has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 12 Oct 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
The most recent sale of 6, Mill Lane, Horncastle completed on 13th December 2024 at £90,000 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 32.5% over the period since December 2024.
Over the past 2 years 3 properties similar to 6, Mill Lane, Horncastle have sold within a radius of 760 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th February 2024, was 26, Mill Lane, Horncastle, LN9 5DS, a freehold house which sold for £110,000.
Read more about house prices in LN9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 66 addresses on Mill Lane, Thimbleby, Horncastle, LN9, 6, Mill Lane, Horncastle comes out as the 60th largest and the 62nd most expensive in our analysis of the public data.
It is also £168k less expensive than the average property across the LN9 district.
From 6, Mill Lane, 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 6, Mill Lane, Horncastle, 38.0% of property is privately rented and 26.0% is privately owned with a mortgage.
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 6, Mill Lane, Horncastle, 20.7% of residents are recorded as possessing school level qualifications and 24.5% 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 6, Mill Lane, 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 6, Mill Lane, Horncastle, 0.5% 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 6, Mill Lane, Horncastle, there are an average of 1.1 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
