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According to the public record, 7, Mareham Road, Horncastle is a period freehold house with 1,237 ft2 of internal area and sits on a 134 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Mareham Road, Horncastle is £206,656 and the estimated rental value is £1,035 per month.
Mareham Road, Horncastle, LN9 is located in the borough of East Lindsey within the LN9 postal district.
7, Mareham Road, Horncastle has 2 entries in the Land Registry , most recently in October 2013 and a single entry in the EPC database dated July 2013.
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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 7, Mareham Road, Horncastle is in very good condition we estimate a sale value of £216,989 and a rental value of £1,087 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £192,190 and a rental value of £962 per month.
Over the last 12 months the sale value of 7 Mareham Road Horncastle has decreased by an estimated £5,277 (2.6%) and its rental value has increased by an estimated £48 per month (4.6%), giving an expected gross yield of 6%.
According to data from HM Land Registry, 7, Mareham Road, Horncastle sits on a plot of 134m2.
We have plot size data on 15 out of 15 other houses in the postcode and 7, Mareham Road, Horncastle sits on the 11th largest plot.
7, Mareham Road, Horncastle has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 01 Jul 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 7, Mareham Road, Horncastle was last sold on 31st October 2013 for £137,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since October 2013, the market for similar properties has risen 81.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Mareham Road, Horncastle within a radius of 650 metres over the last 2 years.
The most recent example is 12, Croft Street, Horncastle, LN9 6BE, a freehold house which sold for £161,550 on the 8th December 2023.
Read more about house prices in LN9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mareham Road, Horncastle, LN9 has a total of 102 addresses. According to our analysis of all the public data, 7, Mareham Road, Horncastle is the 17th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £62k less expensive than the average property in LN9.
The closest station to 7, Mareham Road, Horncastle is Metheringham station which is 20.0 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Mareham Road, 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 7, Mareham Road, 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 7, Mareham Road, 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 7, Mareham Road, 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 7, Mareham Road, 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.