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Tetford market report LN9 5, Horncastle
The LN9 5 (Tetford) house price history in full, 1995 to 2026, in cash and in today's money. The raw material for this page is 3,413 HM Land Registry entries for LN9 5 (Horncastle), going back to 1995: each an actual purchase at an actual price. Rents come from the ONS. Valuations, estimates and asking prices appear nowhere in it.
Sales recorded to 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release.
In short: a typical LN9 5 (Horncastle) home changed hands for £205,000 in 2026 (median of 29 registered sales, down 8% on five years earlier), with the mean at £214,400, and by floor area homes here have averaged about £2,420 per square metre over the last five years. Source: 3,413 completed sales on the HM Land Registry record since 1995, updated with each monthly release. No valuations, no asking prices.
A postcode sector like LN9 5 is a single group of streets within LN9 (Horncastle), the finest slice the public record supports. Fewer sales stand behind each figure than at district level, so the lines jump about more.
Where LN9 5 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
What buyers actually paid in LN9 5
Across 29 registered 2026 sales, the typical (median) LN9 5 home went for £205,000. The mean is £214,400, almost on top of it, so sales bunch tightly around the typical price.
Price per square metre in LN9 5
Averaged across five years of sales, floor space in LN9 5 costs about £2,420 per square metre. Each sale's Energy Performance Certificate supplies the floor area, and pricing by the metre is what lets flats and houses share one scale.
The national median for England and Wales is £285,000, which puts LN9 5 28% below the country at large.
A typical LN9 5 home, priced year by year (1995 to 2026)
The median as recorded at the time, and each year restated in today's money (ONS CPIH), the sharper test of whether homes really got dearer. Hover for the year-by-year figures; click a legend entry to isolate a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £205,000 | £205,000 | 29 |
| 2025 | £250,000 | £255,978 | 118 |
| 2024 | £243,500 | £258,891 | 128 |
| 2023 | £240,000 | £263,701 | 127 |
| 2022 | £240,000 | £281,427 | 139 |
| 2021 | £222,000 | £281,081 | 165 |
| 2020 | £245,000 | £317,893 | 121 |
| 2019 | £190,000 | £249,045 | 141 |
| 2018 | £185,000 | £246,608 | 103 |
| 2017 | £186,000 | £253,685 | 120 |
| 2016 | £180,000 | £251,822 | 98 |
| 2015 | £169,000 | £238,797 | 111 |
| 2014 | £168,000 | £238,337 | 103 |
| 2013 | £162,500 | £233,821 | 90 |
| 2012 | £148,000 | £217,838 | 57 |
| 2011 | £156,500 | £236,255 | 69 |
| 2010 | £153,000 | £239,943 | 85 |
| 2009 | £137,000 | £220,229 | 90 |
| 2008 | £141,000 | £231,129 | 107 |
| 2007 | £180,000 | £305,330 | 147 |
| 2006 | £160,000 | £277,740 | 101 |
| 2005 | £160,000 | £284,736 | 95 |
| 2004 | £140,000 | £254,267 | 111 |
| 2003 | £116,800 | £215,174 | 114 |
| 2002 | £117,000 | £220,134 | 119 |
| 2001 | £76,500 | £147,067 | 111 |
| 2000 | £72,000 | £141,300 | 97 |
| 1999 | £66,000 | £131,535 | 121 |
| 1998 | £54,000 | £109,003 | 113 |
| 1997 | £60,000 | £123,048 | 99 |
| 1996 | £44,000 | £92,794 | 105 |
| 1995 | £45,000 | £97,823 | 79 |
In cash terms the typical LN9 5 home went from £45,000 in 1995 to £205,000 in 2026, roughly 5 times the price. Inflation explains only part of it: in today's money the rise is still about 110%, a genuine increase in what a home here costs. Measured in today's money the market peaked in 2020; the current median sits about 36% below that. Someone who bought at the 2020 peak has not yet seen that price back in real terms.
Year-on-year change in the LN9 5 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2002 (+52.9% on the year before); the weakest, 2008 (−21.7%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Annualised returns
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −18.0% | −19.9% |
| 5 years (since 2021) | −1.6% | −6.1% |
| 10 years (since 2016) | +1.3% | −2.0% |
| 20 years (since 2006) | +1.2% | −1.5% |
Compound annual growth of the median sold price; the real column deflates by ONS CPIH. Annualised figures smooth the cycle (the chart above shows the cycle), and past growth is a record, not a forecast.
How many homes change hands in LN9 5
The year-by-year sales count
Annual recorded sales. The post-2008 trough is the financial crisis; treat the final bar as provisional while registrations catch up.
LN9 5 recorded 29 sales in the last twelve months of data. Turnover has held fairly steady across the cycle: about 108 sales a year recently, against 112 a year before 2008. Watch the volume as closely as the price. Thin years make jumpy medians, where one street's sales can move the figure, and the newest year is always incomplete because registrations trail completions by weeks or months.
What tenants pay around LN9 5
The local authority for LN9 5 is East Lindsey, and its ONS average private rent currently stands at £694 a month (May 2026 figures). A one-bed averages £515 a month here and a four-or-more-bed £1,131, so size does most of the work in setting the rent.
Average monthly rent by size, East Lindsey
ONS Price Index of Private Rents, May 2026.
£694 a month is £8,328 a year, which against the £205,000 median sold price makes a gross yield of 4.1%. Gross means before letting costs, voids, maintenance and tax: treat it as a ceiling. The ONS publishes rents by local authority, so neighbouring districts under the same authority share these numbers.
How LN9 5 trades
This is a thin market: 29 sales in the last twelve months of data. With that few transactions, one street selling well (or one block of cheap transfers) can move the median, so read the year lines as a range rather than a verdict. Against the LN9 district median, LN9 5 sits 8% higher, marking it as a dearer pocket of the district.
What people ask about LN9 5 (Tetford)
How much did a house sell for in LN9 5 (Tetford)?
Are property prices falling in LN9 5 (Tetford)?
Is LN9 5 (Tetford) a good place to buy a house?
Where do LN9 5 prices go next?
The record answers a different question than "what happens next": the median is down 8% over five years in cash but down 27% after inflation. Put the volume chart beside the price chart before drawing conclusions, and allow for the register's lag behind actual completions.
LN9's current homes for sale
The live side of the market holds 31 homes at the moment, listed by 8 agents publishing to HomesIndex.
These cover the whole LN9 district, not just LN9 5: live asking prices are collected per district.
Of everything listed here, 21% asks less than the sold record of comparable homes. Each listing is compared with recent recorded sales of similar homes nearby.
- Bull Ring, HORNCASTLE
- The Ropewalk, Horncastle, LN9, Horncastle
- Chapel Lane, Baumber, LN9, Horncastle
"Under comparable sales" compares each asking price with what similar homes nearby actually sold for. It is a starting point for a conversation, not a valuation. Always look at the home itself.
See every LN9 home for sale on the map →
These asking prices come live from estate agents publishing feeds to HomesIndex, refreshed each Monday and Thursday. They are a sample of the market rather than its entirety, and an asking price is not a sale price.
The price of an extra bedroom in LN
What homes of each size actually sold for across the LN area, from the Land Registry record. How much a size step costs is a local fact: the third-bedroom premium runs from about a quarter to nearly four fifths depending on the area, and national rules of thumb miss it.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £225,000 | £315,000 (+40%) | £449,950 (+43%) | £600,000 (+33%) |
| Semi-detached | £167,500 | £189,045 (+13%) | £230,000 (+22%) | £285,500 (+24%) | £420,000 (+47%) |
| Terraced | £137,500 | £152,500 (+11%) | £190,000 (+25%) | £250,000 (+32%) | — |
| Flat | £110,000 | £130,000 (+18%) | £196,000 (+51%) | — | — |
Four years of recorded sales, split by built form and bedroom count. The register does not state bedrooms, so sizes come from each home's EPC record and a few homes will land one size out. Blank cells mean too few homes for the figure to mean anything.
The risers and the fallers
The spread across the LN area is the point: the same five years treated these districts very differently.
LN area districts: five years of change
The districts that gained and lost most in cash terms, each row linking through to its own report.
Other sectors in LN9
Sector boundaries hide real price steps. The rest of LN9, one report each:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| LN9 6 | £185,000 | 28 |
Zoom out to the full LN9 district report for the type split, monthly volumes and how LN9 compares with its neighbours.
Before you sell in LN9 5: what the record supports
Start from what homes here actually sold for, not an estimate. Before booking a house valuation or flat valuation in LN9 5, use the average prices map for a rough value: zoom from LN9 5's shading down to the sold homes on your own street. The figures above are every recorded LN9 5 sale; agents price with this same Land Registry record, and now you have it too.
Local estate agents: one agent per district gets the featured spot on this report, free for founding agents. Claim LN9 5.
Go deeper
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about LN9 5. Free, with a one click sign in.
The live map plots every individual LN9 5 sale at its exact address, and the average prices map zooms from neighbourhood shading to single homes. For a specific question, the report tool writes a custom answer, and any sale's mortgage and rent calculator runs the numbers on a real purchase.
How this page is made: the statistics are computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to address level; inflation adjustment uses the ONS CPIH index; rents are the ONS Price Index of Private Rents at local-authority level. Medians of recorded sales, not valuations. Nothing on this page is financial advice.