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In this area, houses of this size normally have 3 bedrooms with a garden.
9, Malsters Drive, Horncastle has an estimated sale value of £271,271 and an estimated rental value of £1,195 per month, assuming reasonable condition and based on the information available.
Malsters Drive, Horncastle, LN9 lies in the borough of East Lindsey, within the LN9 postal district.
9, Malsters Drive, Horncastle has a single entry in the Land Registry from January 2025 and a single entry in the EPC database dated September 2024.
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.
In very good condition, we estimate 9, Malsters Drive, Horncastle would be worth £284,834, with a potential rental value of £1,255 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £252,282, with a rental value of £1,112 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 9, Malsters Drive, Horncastle has moved down by £6,928 (2.6%) over the last year. During the same period, its estimated monthly rental value has increased by £55 (4.6%). The property's estimated gross yield is currently 5.3%.
9, Malsters Drive, Horncastle has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 Sep 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
9, Malsters Drive, Horncastle last changed hands on 24th January 2025, selling for £299,950. 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 dropped by 2.8% since January 2025.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.3 kilometres of 9, Malsters Drive, Horncastle across the last 2 years.
Most recently, 13, Malsters Drive, Horncastle, LN9 5FH, a freehold house, sold at £313,000 on the 13th March 2026.
Read more about house prices in LN9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 9, Malsters Drive, Horncastle as the 8th largest and the 8th most expensive of the 46 addresses on Malsters Drive, Horncastle, LN9.
Against the LN9 postcode district average, it is £2k more expensive than the typical property.
Metheringham station is the nearest stop to 9, Malsters Drive, Horncastle at 19.1 kilometres away.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around 9, Malsters Drive, Horncastle, 50.0% of property is privately owned outright and 33.1% 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 9, Malsters Drive, Horncastle, 20.0% of residents are recorded as possessing school level qualifications and 32.8% 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 9, Malsters Drive, 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 9, Malsters Drive, Horncastle, 0.0% 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 9, Malsters Drive, Horncastle, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.