Flat 4, 2
Flat 4, 2
Description & Estimates
Flat 4, 2, Hamerton Lane, Horncastle is described in the public record as a period apartment with 559 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 4, 2, Hamerton Lane, Horncastle is £106,160 and its rental estimate is £787 per month, given the available information and assuming reasonable condition.
2, Hamerton Lane is a residential building on Hamerton Lane, Horncastle, LN9 and falls within the LN9 postal district and the borough of East Lindsey.
Our Data Sources
Flat 4, 2, Hamerton Lane, Horncastle has no records in the the Land Registry and a single entry in the EPC database dated March 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 4, 2, Hamerton Lane, Horncastle, we estimate a market value of £111,468 and a rental value of £827 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £98,729 and £732 per month respectively.
Recent Market Change
Over the last year, Flat 4, 2, Hamerton Lane, Horncastle has seen its estimated sale value move down by £1,993 (1.9%) and its estimated rental value increase by £40 per month (5.1%). This results in an estimated gross rental yield of 8.9%.
Energy Efficiency
Flat 4, 2, Hamerton Lane, Horncastle has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Mar 2020.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 4, 2, Hamerton Lane, Horncastle have sold within a radius of 700 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st June 2023, was Flat 3, Schofield House 3-5 , Bridge Street, Horncastle, LN9 5HZ, a leasehold flat which sold for £90,000.
Read more about house prices in LN9.
- Sold Jun 2023£90,000 | 2 Bed FlatSchofield House 3-5 , Bridge StreetFlat 3, Schofield House 3-5 , Bridge Street, Horncastle, LN9 5HZ
- Sold Jun 2023£85,000 | 2 Bed FlatSchofield House 3-5 , Bridge StreetFlat 6, Schofield House 3-5 , Bridge Street, Horncastle, LN9 5HZ
- Sold Jun 2023£80,000 | 2 Bed FlatSchofield House 3-5 , Bridge StreetFlat 2, Schofield House 3-5 , Bridge Street, Horncastle, LN9 5HZ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 18 addresses on Hamerton Lane, Horncastle, LN9, Flat 4, 2, Hamerton Lane, Horncastle comes out as the 14th largest and the 14th most expensive in our analysis of the public data.
It is also £163k less expensive than the average property across the LN9 district.
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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
From Flat 4, 2, Hamerton Lane, Horncastle, the nearest station is Metheringham, 20.0 kilometres away.
- 20.0kmMetheringham
- 22.9kmThorpe Culvert
- 24.6kmMarket Rasen
Risk of Flooding
The flood risk here is rated low, based on Environment Agency data.
