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House Prices in LN9 House Prices in LN9 (Horncastle)

The average house price in LN9 (Horncastle) is £246,000 using HM Land Registry data.

The average property price increased by £24,740 (21.14%) over the last 5 years and increased by £4,944 (3.3%) over the last 12 months.

Over the last year, there were 151 residential property sales – a decrease of 96 transactions (-63.58%) relative to the previous year. The majority of house sales (33) were in the £120,000 - £180,000 range. Then came properties in the £180,000 - £240,000 range, where 32 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 49 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,306 (-3%).

In May 2025, there were 49 new estate agency instructions, 25 agreed home sales and 20 property price reductions.

Nearby Postcodes: DN21, DN36, DN37, LN1, LN10, LN11, LN12, LN13, LN2, LN3, LN4, LN7, LN8, PE20, PE21, PE22, PE23, PE24

5-Year Average Property Prices in LN9 (Horncastle)

21.14%

Property prices in LN9 (Horncastle) increased by 21.14% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in LN9 (Horncastle) Over the Last Year

3.3%

Property prices in LN9 (Horncastle) increased by 3.3% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for LN9 (Horncastle) - May 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in LN9 (Horncastle)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in LN9 (Horncastle)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in LN9 (Horncastle)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the LN9 (Horncastle) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the LN9 postcode area since 1995.

Recent Sales in LN9 (Horncastle)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
Ridge View, Salmonby Road, Tetford, Horncastle, Lincolnshire, LN9 6PY£350,000£350,000£004 Oct 202414 Feb 2025133 Days
35 Winceby Gardens, Horncastle, Lincolnshire, LN9 6PJ£220,000£210,000-£10,00009 Aug 202411 Feb 2025186 Days
48 Banovallum Gardens, Horncastle, Lincolnshire, LN9 6PN£170,000£165,000-£5,00023 Nov 202430 Jan 202568 Days
Tean, Chapel Lane, Hemingby, Horncastle, Lincolnshire, LN9 5QG£275,000£275,000£024 Nov 202317 Jan 2025420 Days
78 Banovallum Gardens, Horncastle, Lincolnshire, LN9 6RF£180,000£175,000-£5,00010 Aug 202410 Jan 2025153 Days
25 Holly Close, Horncastle, Lincolnshire, LN9 5EX£150,000£150,000£031 Aug 202410 Jan 2025132 Days
Hunters Moon, East Road, Tetford, Horncastle, Lincolnshire, LN9 6QQ£270,000£260,000-£10,00012 Jan 202409 Jan 2025363 Days
63a, West Street, Horncastle, Lincolnshire, LN9 5AF£160,000£155,000-£5,00030 Mar 202407 Jan 2025283 Days
32 Lord Allerton Way, Horncastle, Lincolnshire, LN9 5FG£230,000£230,000£024 Sep 202420 Dec 202487 Days
6 Mill Lane, Horncastle, Lincolnshire, LN9 5DS£95,000£90,000-£5,00023 Jul 202413 Dec 2024143 Days
28 Lincoln Road, Horncastle, Lincolnshire, LN9 5AW£130,000£121,000-£9,00025 Oct 202413 Dec 202449 Days
3 Johnson Drive, Horncastle, Lincolnshire, LN9 6RS£215,000£215,000£019 Jul 202411 Dec 2024145 Days
84 Prospect Street, Horncastle, Lincolnshire, LN9 5AX£395,000£375,000-£20,00010 Apr 202410 Dec 2024244 Days
6 Millview Court, Horncastle, Lincolnshire, LN9 5SH£90,000£81,250-£8,75025 Oct 202429 Nov 202435 Days
4 Low Toynton Road, Horncastle, Lincolnshire, LN9 5LL£318,000£311,076-£6,92422 Aug 202427 Nov 202497 Days
35 Thornton Crescent, Horncastle, Lincolnshire, LN9 6JP£250,000£245,000-£5,00010 May 202426 Nov 2024200 Days
Otters Holt, West Lane, Haltham, Horncastle, Lincolnshire, LN9 6JG£289,000£270,000-£19,00020 May 202426 Nov 2024190 Days
33 Thornton Crescent, Horncastle, Lincolnshire, LN9 6JP£240,000£235,000-£5,00004 Oct 202422 Nov 202449 Days
50 Foundry Street, Horncastle, Lincolnshire, LN9 6AB£116,000£114,000-£2,00031 May 202418 Nov 2024171 Days
4 Osborne Way, Horncastle, Lincolnshire, LN9 5GB£260,000£260,000£022 Jul 202408 Nov 2024109 Days

Most Expensive Streets in LN9 (Horncastle)

PostcodeStreetAreaAverageNo. of Sales
LN9 6NTMain RoadHorncastle£588,6663
LN9 5FPAdrian Shinn WayHorncastle£583,7508
LN9 5PSLouth RoadHorncastle£546,6663
LN9 6QFSouth Ormsby RoadHorncastle£534,1663
LN9 6LRChapel LaneHorncastle£521,8336
LN9 5UBBilly English WayHorncastle£460,83814
LN9 6PXHigh RoadHorncastle£432,5004
LN9 5QFMain RoadHorncastle£384,1663
LN9 5RPSilver Street, MintingHorncastle£381,6663
LN9 6RAWoodmans YardHorncastle£378,3333

Least Expensive Streets in LN9 (Horncastle)

PostcodeStreetAreaAverageNo. of Sales
LN9 6AEParadise PlaceHorncastle£87,8004
LN9 5HZBridge StreetHorncastle£94,1254
LN9 5DSMill LaneHorncastle£102,9949
LN9 6ADParadise RowHorncastle£103,7504
LN9 5DWOld Bain Court, Conging Street, HorncastleHorncastle£105,6663
LN9 6ABFoundry StreetHorncastle£115,34316
LN9 5ADWest StreetHorncastle£115,8333
LN9 6AFFoundry StreetHorncastle£118,0005
LN9 6BYCollege CloseHorncastle£118,33312
LN9 5DXNorth StreetHorncastle£127,0505

Explore LN9 (Horncastle) using map

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