Flat 5, 2
Flat 5, 2
Description & Estimates
The public record describes Flat 5, 2, Hamerton Lane, Horncastle as a period apartment with 538 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 5, 2, Hamerton Lane, Horncastle has an estimated sale value of £104,337 and an estimated rental value of £781 per month, assuming reasonable condition and based on the information available.
The apartment sits within 2, Hamerton Lane, Horncastle, LN9.
Hamerton Lane, Horncastle, LN9 lies in the borough of East Lindsey, within the LN9 postal district.
Our Data Sources
Flat 5, 2, Hamerton Lane, Horncastle has no records in the the Land Registry and a single entry in the EPC database dated June 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
In very good condition, we estimate Flat 5, 2, Hamerton Lane, Horncastle would be worth £109,554, with a potential rental value of £820 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £97,033, with a rental value of £727 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 Flat 5, 2, Hamerton Lane, Horncastle has decreased by £1,959 (1.9%) over the last year. During the same period, its estimated monthly rental value has grown by £40 (5.1%). The property's estimated gross yield is currently 9.0%.
Energy Efficiency
Flat 5, 2, Hamerton Lane, Horncastle has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Jun 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
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 700 metres of Flat 5, 2, Hamerton Lane, Horncastle across the last 2 years.
Most recently, Flat 3, Schofield House 3-5 , Bridge Street, Horncastle, LN9 5HZ, a leasehold flat, sold at £90,000 on the 1st June 2023.
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
Our analysis of the public data ranks Flat 5, 2, Hamerton Lane, Horncastle as the 15th largest and the 15th most expensive of the 18 addresses on Hamerton Lane, Horncastle, LN9.
Against the LN9 postcode district average, it is £164k less expensive than the typical property.
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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
Metheringham station is the nearest stop to Flat 5, 2, Hamerton Lane, Horncastle at 20.0 kilometres away.
- 20.0kmMetheringham
- 22.9kmThorpe Culvert
- 24.6kmMarket Rasen
Risk of Flooding
Environment Agency data suggests this area has a low risk of flooding.
