7, Hamerton Lane
7, Hamerton Lane
Description & Estimates
Public records show 7, Hamerton Lane, Horncastle to be a modern freehold house with 613 ft2 of internal area.
In this area, houses of this size normally have 2 bedrooms with a garden.
7, Hamerton Lane, Horncastle has an estimated sale value of £149,764 and an estimated rental value of £811 per month, assuming reasonable condition and based on the information available.
Hamerton Lane, Horncastle, LN9 lies in the borough of East Lindsey, within the LN9 postal district.
Our Data Sources
7, Hamerton Lane, Horncastle has a single entry in the Land Registry from March 2023 and a single entry in the EPC database dated February 2023.
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 7, Hamerton Lane, Horncastle would be worth £157,252, with a potential rental value of £851 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £139,280, with a rental value of £754 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 7, Hamerton Lane, Horncastle has fallen by £2,319 (1.5%) over the last year. During the same period, its estimated monthly rental value has moved up by £41 (5.1%). The property's estimated gross yield is currently 6.5%.
Energy Efficiency
7, Hamerton Lane, Horncastle has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 28 Feb 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
7, Hamerton Lane, Horncastle last changed hands on 31st March 2023, selling for £162,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 30.1% since March 2023.
- Sold Mar 2023£162,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 700 metres of 7, Hamerton Lane, Horncastle across the last 2 years.
Most recently, 14, Hamerton Lane, Horncastle, LN9 6AY, a freehold house, sold at £155,000 on the 13th December 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 7, Hamerton Lane, Horncastle as the 6th largest and the 5th most expensive of the 18 addresses on Hamerton Lane, Horncastle, LN9.
Against the LN9 postcode district average, it is £119k less expensive than the typical property.
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Schools Nearby
- 500mHorncastle Primary School
- 7.3kmThe Kirkby-on-Bain Church of England Primary School
- 8.5kmThe Mareham-le-Fen Church of England Primary School
- 600mQueen Elizabeth's Grammar School, Horncastle
- 600mThe Banovallum School
- 12.2kmThe Barnes Wallis Academy
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Public Transport Nearby
Metheringham station is the nearest stop to 7, Hamerton Lane, Horncastle at 20.0 kilometres away.
- 20.0kmMetheringham
- 22.9kmThorpe Culvert
- 24.6kmMarket Rasen
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
