7, Prospect Street
7, Prospect Street
Description & Estimates
The public record describes 7, Prospect Street, Horncastle as a mid-century house with 581 ft2 of internal area, sitting on a 262 m2 plot.
In this area, houses of this size normally have 2 bedrooms with a garden.
7, Prospect Street, Horncastle has an estimated sale value of £140,585 and an estimated rental value of £768 per month, assuming reasonable condition and based on the information available.
Prospect Street, Horncastle, LN9 lies in the borough of East Lindsey, within the LN9 postal district.
Our Data Sources
7, Prospect Street, Horncastle has no recent1 records in the the Land Registry and a single entry in the EPC database dated September 2021.
We combine this information with public data 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, Prospect Street, Horncastle would be worth £147,614, with a potential rental value of £806 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £130,744, with a rental value of £714 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, Prospect Street, Horncastle has declined by £2,177 (1.5%) over the last year. During the same period, its estimated monthly rental value has climbed by £39 (5.1%). The property's estimated gross yield is currently 6.6%.
Plot Size
7, Prospect Street, Horncastle occupies a 262 m2 plot as recorded by HM Land Registry.
Of the 51 other houses in this postcode, 33 have recorded plot sizes, and this one ranks as the 19th largest.
Energy Efficiency
7, Prospect Street, Horncastle has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Sep 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
7, Prospect Street, Horncastle last changed hands on 3rd April 1998, selling for £48,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
- Sold Apr 1998£48,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 730 metres of 7, Prospect Street, Horncastle across the last 2 years.
Most recently, 28, Prospect Street, Horncastle, LN9 5BA, a freehold house, sold at £144,000 on the 24th June 2021.
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, Prospect Street, Horncastle as the 61st largest and the 64th most expensive of the 81 addresses on Prospect Street, Horncastle, LN9.
Against the LN9 postcode district average, it is £128k less expensive than the typical property.
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Schools Nearby
- 600mHorncastle Primary School
- 7.5kmThe Kirkby-on-Bain Church of England Primary School
- 8.5kmBucknall Primary School
- 200mQueen Elizabeth's Grammar School, Horncastle
- 1.1kmThe Banovallum School
- 12.3kmThe Barnes Wallis Academy
More reading links
Public Transport Nearby
Metheringham station is the nearest stop to 7, Prospect Street, Horncastle at 19.8 kilometres away.
- 19.8kmMetheringham
- 23.4kmThorpe Culvert
- 24.1kmMarket Rasen
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a low risk of flooding.
