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House Prices in LN9

The average house price in LN9 (Horncastle) is £282,241 using HM Land Registry data.

The average property price increased by £36,246 (15.29%) over the last 5 years and increased by £7,246 (2.72%) over the last 12 months.

Over the last year, there were 141 residential property sales – a decrease of 84 transactions (-59.57%) relative to the previous year. The majority of house sales (38) were in the £192,000 - £264,000 range. Then came properties in the £120,000 - £192,000 range, where 37 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 83 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,299 (-3%).

In Mar 2026, there were 27 new estate agency instructions, 25 agreed home sales and 14 property price reductions.

5-Year Average Property Prices in LN9 (Horncastle)

15.29%

Property prices in LN9 (Horncastle) increased by 15.29% 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

2.72%

Property prices in LN9 (Horncastle) increased by 2.72% 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.

Property Market Heat Gauge for LN9 (Horncastle) - Mar 2026

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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
Orchard Cottage, East Road, Horncastle, LN9 6QQ	£178,000	£175,000	-£3,000	15 May 2025	19 Dec 2025	218 Days
2 Lancaster Avenue, Horncastle, LN9 5EP	£325,000	£320,000	-£5,000	27 May 2025	05 Dec 2025	192 Days
73 Louth Road, Horncastle, LN9 5EN	£399,999	£360,000	-£39,999	13 Feb 2025	28 Nov 2025	288 Days
The Hollies, Wispington Road, Horncastle, LN9 5RN	£460,000	£442,000	-£18,000	09 May 2025	24 Nov 2025	199 Days
61 College Close, Horncastle, LN9 6BZ	£160,000	£160,000	£0	05 Jun 2025	19 Nov 2025	167 Days
54 Mark Avenue, Horncastle, LN9 5BD	£230,000	£230,000	£0	15 Nov 2024	31 Oct 2025	350 Days
14 Stourton Place, Horncastle, LN9 5AZ	£155,000	£148,000	-£7,000	06 Feb 2025	24 Oct 2025	260 Days
77 Banovallum Gardens, Horncastle, LN9 6RF	£325,000	£320,000	-£5,000	17 Jun 2025	17 Oct 2025	122 Days
58 Prospect Street, Horncastle, LN9 5BA	£185,000	£165,000	-£20,000	24 Apr 2025	17 Oct 2025	176 Days
5 Rollestone Court, Bridge Street, Horncastle, LN9 5HZ	£120,000	£120,000	£0	21 May 2025	17 Oct 2025	149 Days
Lindall Cottage, Old Woodhall Road, Horncastle, LN9 5SA	£625,000	£615,000	-£10,000	23 Dec 2024	15 Oct 2025	296 Days
5 Hemingby Way, Horncastle, LN9 5EU	£390,000	£375,000	-£15,000	23 Jun 2025	10 Oct 2025	109 Days
75 Banovallum Gardens, Horncastle, LN9 6RF	£220,000	£213,000	-£7,000	07 Jun 2025	07 Oct 2025	122 Days
Jenny Wren Lodge, Fulletby Road, Horncastle, LN9 5QA	£325,000	£295,000	-£30,000	08 Oct 2024	07 Oct 2025	364 Days
20 Lodington Court, Horncastle, LN9 6RZ	£200,000	£195,000	-£5,000	27 Sep 2024	25 Sep 2025	363 Days
8 Maple Close, Horncastle, LN9 5EY	£239,950	£238,500	-£1,450	19 Jun 2025	25 Sep 2025	98 Days
3 Roman Way, Horncastle, LN9 6PL	£180,000	£177,000	-£3,000	15 Nov 2024	25 Sep 2025	314 Days
Sunnyside, High Road, Horncastle, LN9 6PX	£250,000	£247,500	-£2,500	28 Apr 2025	24 Sep 2025	149 Days
7 Paradise Row, Horncastle, LN9 6AD	£110,000	£105,000	-£5,000	03 May 2025	19 Sep 2025	139 Days
14 Madely Close, Horncastle, LN9 6RQ	£270,000	£265,000	-£5,000	25 Nov 2024	17 Sep 2025	296 Days

Most Expensive Streets in LN9 (Horncastle)

Postcode	Street	Area	Average	No. of Sales
LN9 5SA	Old Woodhall Road	Horncastle	£693,333	3
LN9 6QF	South Ormsby Road	Horncastle	£534,166	3
LN9 6LR	Chapel Lane	Horncastle	£530,600	5
LN9 5UB	Billy English Way	Horncastle	£530,174	10
LN9 5FP	Adrian Shinn Way	Horncastle	£515,769	13
LN9 6PB	High Barn Lane, Winceby	Horncastle	£495,583	3
LN9 6PX	High Road	Horncastle	£421,875	4
LN9 6QL	Little London	Horncastle	£417,333	3
LN9 6FJ	Myles Lane	Horncastle	£415,500	5
LN9 5QG	Chapel Lane	Horncastle	£398,750	4

Least Expensive Streets in LN9 (Horncastle)

Postcode	Street	Area	Average	No. of Sales
LN9 6AE	Paradise Place	Horncastle	£89,650	3
LN9 5DW	Conging Street	Horncastle	£95,000	3
LN9 5HZ	Bridge Street	Horncastle	£102,750	6
LN9 6AD	Paradise Row	Horncastle	£104,000	5
LN9 5DS	Mill Lane	Horncastle	£109,716	9
LN9 6AB	Foundry Street	Horncastle	£115,214	14
LN9 6BY	College Close	Horncastle	£117,681	11
LN9 6AF	Foundry Street	Horncastle	£118,000	5
LN9 5AZ	Stourton Place	Horncastle	£125,950	11
LN9 5DX	North Street	Horncastle	£130,625	6