8, Lancaster Avenue
8, Lancaster Avenue
Description & Estimates
The public record lists 8, Lancaster Avenue, Horncastle as a freehold house sitting on a 394 m2 plot.
Comparison with its neighbours suggests a mid-century house with 948 ft2 of internal area and a garden.
In this area, houses of this size normally have 3 bedrooms.
8, Lancaster Avenue, Horncastle has an estimated sale value of £215,131 and an estimated rental value of £1,024 per month, assuming reasonable condition and based on the information available.
Lancaster Avenue, Horncastle, LN9 lies in the borough of East Lindsey, within the LN9 postal district.
Our Data Sources
8, Lancaster Avenue, Horncastle has a single entry in the Land Registry from May 2009 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 8, Lancaster Avenue, Horncastle would be worth £225,888, with a potential rental value of £1,075 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £200,072, with a rental value of £952 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 8, Lancaster Avenue, Horncastle has decreased by £5,494 (2.6%) over the last year. During the same period, its estimated monthly rental value has grown by £47 (4.6%). The property's estimated gross yield is currently 5.7%.
Plot Size
8, Lancaster Avenue, Horncastle occupies a 394 m2 plot as recorded by HM Land Registry.
Of the 11 other houses in this postcode, 10 have recorded plot sizes, and this one ranks as the 8th largest.
Sold Prices
8, Lancaster Avenue, Horncastle last changed hands on 15th May 2009, selling for £114,000. 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 57.1% since May 2009.
- Sold May 2009£114,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 890 metres of 8, Lancaster Avenue, Horncastle across the last 2 years.
Most recently, 8, Harrison Close, Horncastle, LN9 5ER, a freehold house, sold at £141,000 on the 26th November 2024.
Read more about house prices in LN9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 8, Lancaster Avenue, Horncastle as the 9th largest and the 10th most expensive of the 13 addresses on Lancaster Avenue, Horncastle, LN9.
Against the LN9 postcode district average, it is £54k less expensive than the typical property.
More reading links
Schools Nearby
- 200mHorncastle Primary School
- 7.9kmThe Kirkby-on-Bain Church of England Primary School
- 8.4kmThe Edward Richardson Primary School, Tetford
- 900mQueen Elizabeth's Grammar School, Horncastle
- 1.1kmThe Banovallum School
- 12.8kmThe Barnes Wallis Academy
More reading links
Public Transport Nearby
Metheringham station is the nearest stop to 8, Lancaster Avenue, Horncastle at 20.5 kilometres away.
- 20.5kmMetheringham
- 22.9kmThorpe Culvert
- 24.4kmMarket 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 very low risk of flooding.
