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According to the public record, Millfield, Horncastle is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,373 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Millfield, Horncastle is £420,734 and the estimated rental value is £1,388 per month.
Langton, Horncastle, LN9 is located in the borough of East Lindsey within the LN9 postal district.
Millfield, Horncastle has 21 entries in the Land Registry , most recently in August 2012 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 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Millfield, Horncastle is in very good condition we estimate a sale value of £441,770 and a rental value of £1,458 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £391,282 and a rental value of £1,291 per month.
Over the last 12 months the sale value of Millfield Horncastle has decreased by an estimated £18,264 (4.3%) and its rental value has increased by an estimated £27 per month (2.0%), giving an expected gross yield of 4%.
According to HM Land Registry, Millfield, Horncastle was last sold on 9th August 2012 for £200,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since August 2012, the market for similar properties has risen 59.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Millfield, Horncastle within a radius of 1.5 kilometres over the last 2 years.
The most recent example is 1, John Brown Close, Horncastle, LN9 5GD, a freehold house which sold for £435,000 on the 31st March 2025.
Read more about house prices in LN9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Langton, Horncastle, LN9 has a total of 2 addresses. According to our analysis of all the public data, Millfield, Horncastle is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £152k more expensive than the average property in LN9.
The closest station to Millfield, Horncastle is Metheringham station which is 18.7 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Millfield, 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 Millfield, 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 Millfield, 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 Millfield, 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 Millfield, 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.