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Property investment stats for Horncastle, East Midlands

A complete guide to property investment in Horncastle.

Last updated: 18 September 2025

Investment summary

Horncastle is a market town that stands out for its affordability and relaxed pace. With a price-to-income ratio of 5.2, homes are relatively accessible compared to many areas, and the median price per square foot of £229 per sq ft keeps entry costs reasonable. The market is active, with annual sales of 175 and properties spending an average of 70 days before changing hands. Investors should note the median discount of £4,000 (the typical achieved discount), suggesting buyers have room to negotiate.

Image of Horncastle, East Midlands

Key investment stats for Horncastle

Median price per sq ft

£229 / sq ft

Average rental yield

3.8%

Capital growth (1y)

-5.1%

Sales in past year

175

* Property stats calculated for last full calendar year (2024).

Live property stats in Horncastle

Live prices in Horncastle, East Midlands

* Extreme prices clipped for legibility

Properties for sale

Median price

£225,000

25% of properties below...

£182,500

75% of properties below...

£290,749

Most expensive property

£1,150,000

Live listings

128

Median days on market

70

Should you invest in Horncastle?

Opportunities

  • The town offers strong three-year capital growth of 14.8%, which will appeal to investors with a medium-term horizon.
  • Rental demand is supported by a high proportion of private rented homes (in the 71st percentile for Britain), and average yields of 3.8% are competitive for the region.
  • The median rent for a 3-bedroom house is £1,000, which, combined with the median sale price of £220,000, gives reasonable scope for income-focused investors.

Risks

  • The one-year capital growth of -5.1% has changed by a notable margin, so recent momentum is mixed.
  • The area has a high proportion of older residents (in the 86th percentile for Britain), which could affect long-term rental demand and population growth.
  • The student and young professional populations are both well below average, limiting demand from these typically mobile groups.

Outlook

Looking ahead, Horncastle's property market is likely to remain steady, with affordability and moderate entry prices supporting ongoing interest from both buyers and renters. The annualised three-year growth of 4.7% suggests that, over time, the area can deliver consistent returns for patient investors. However, the recent one-year capital growth of -5.1% is a reminder that the market is not immune to short-term fluctuations.

With properties spending an average of 70 days on the market, liquidity is reasonable but not rapid, so investors should be prepared for some waiting. The demographic profile, with a large share of older households and fewer young families, may shape demand patterns in the coming years. Overall, Horncastle offers a measured opportunity for those seeking steady, long-term returns in a quieter market.

Live properties in Horncastle

Investment properties in Horncastle, East Midlands

3 bedroom house for sale
27% below median price

£179,950

3 bedroom house for sale

Prospect Street, Horncastle

Properties needing refurbishment in Horncastle, East Midlands
Needs Refurb
4 bedroom bungalow for sale
On market for 177 days

£295,000

4 bedroom bungalow for sale

2 Mark Avenue, Horncastle

Slow to sell properties in Horncastle, East Midlands
Slow to Sell
2 bedroom bungalow for sale
1,248 sq ft

£245,000

2 bedroom bungalow for sale

Westover, 5 Boston Road, Horncastle

Properties with planning granted in Horncastle, East Midlands
Planning Granted
3 bedroom end of terrace house for sale
44% below median price

£172,500

3 bedroom end of terrace house for sale

Cagthorpe, Horncastle

Low price-per-sq-ft properties in Horncastle, East Midlands
Low Price per Sq Ft

Achieved vs asking prices

Key takeaway: Balanced market

Typical discounts are limited but real — expect to achieve a reduction off asking.

Headline stats

• Median discount: £4,000

• 1 in 4 properties sell at > £5,000 below asking

• 1 in 10 properties sell at > £10,000 below asking

In percentage terms:

• Median discount of 1.6%

• 25% of properties discounted by > 3.1%

• 10% of properties discounted by > 5.1%

Best places to invest in Horncastle

Top postcodes for rental yield and (annualised) capital growth

Rank
Postcode
Yield
Capital growth
Median £/sq ft
1LN93.7%4.2%£229 / sq ft

Data sources

GeoGlider calculates property investment stats by blending official and proprietary datasets. Here's a quick overview of key sources and how we use them:

  • HM Land Registry: Property transaction and sold-price records for England & Wales used to calculate historical capital growth, price levels and comparables.

  • Office for National Statistics (ONS): Demographic and economic indicators for the UK, including Census 2021, supporting area profiling and market context.

  • Ordnance Survey: Authoritative UK geospatial data powering accurate boundaries, roads and terrain for mapping and spatial analysis.

  • GeoProp: Our proprietary AI pipeline that processes millions of property listings to extract rich features and live market signals.

  • Department for Levelling Up, Housing & Communities: Energy Performance Certificate (EPC) scores and property floor areas.

  • HM Revenue & Customs (HMRC): Household income and employment data to understand local affordability and economic conditions.

Data is updated continuously, matched across sources and rigorously validated.