We consider an ill-posed linear homogeneous fourth-order elliptic equation. We show that the problem is ill-posed in the sense of Hadamard, i.e., the solution does not depend continuously on the given data. We propose a regularization method via nonlocal conditions and under some a priori bound assumptions different estimates for the regularized solution are obtained. Numerical examples for a rectangle domain show the effectiveness of the new method in providing highly accurate numerical solutions as the noise level tends to zero.