Spring Lodge, Horncastle
Spring Lodge, Horncastle
Description & Estimates
Public records show Spring Lodge, Horncastle to be a mid-century freehold house with 1,496 ft2 of internal area, sitting on a 931 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
Spring Lodge, Horncastle has an estimated sale value of £340,102 and an estimated rental value of £1,259 per month, assuming reasonable condition and based on the information available.
Salmonby, Horncastle, LN9 lies in the borough of East Lindsey, within the LN9 postal district.
Our Data Sources
Spring Lodge, Horncastle has 31 entries in the Land Registry , most recently in January 2021 and a single entry in the EPC database dated September 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate Spring Lodge, Horncastle would be worth £357,107, with a potential rental value of £1,321 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £316,295, with a rental value of £1,170 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 Spring Lodge, Horncastle has dropped by £14,763 (4.3%) over the last year. During the same period, its estimated monthly rental value has risen by £25 (2.0%). The property's estimated gross yield is currently 4.4%.
Plot Size
Spring Lodge, Horncastle occupies a 931 m2 plot as recorded by HM Land Registry.
Of the 17 other houses in this postcode, 7 have recorded plot sizes, and this one ranks as the 5th largest.
Energy Efficiency
Spring Lodge, Horncastle has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 07 Sep 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
Spring Lodge, Horncastle last changed hands on 8th January 2021, selling for £290,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has dropped by 0.0% since January 2021.
- Sold Jan 2021£290,000
- Sold May 2006£245,000
- Sold Aug 1995£44,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 7.4 kilometres of Spring Lodge, Horncastle across the last 2 years.
Most recently, Rosedale, West Road, Horncastle, LN9 6QP, a freehold house, sold at £400,000 on the 10th May 2023.
Read more about house prices in LN9.
•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 Spring Lodge, Horncastle as the 4th largest and the 4th most expensive of the 25 addresses on Salmonby, Horncastle, LN9.
Against the LN9 postcode district average, it is £71k more expensive than the typical property.
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Schools Nearby
- 1.3kmThe Edward Richardson Primary School, Tetford
- 7.2kmScamblesby Church of England Primary School
- 7.4kmHorncastle Primary School
- 7.9kmThe Banovallum School
- 8.2kmQueen Elizabeth's Grammar School, Horncastle
- 10.2kmKing Edward VI Academy
More reading links
Public Transport Nearby
Thorpe Culvert station is the nearest stop to Spring Lodge, Horncastle at 19.5 kilometres away.
- 19.5kmThorpe Culvert
- 22.6kmWainfleet
- 23.9kmHavenhouse
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.
