1, CROFT LANE, BASSINGHAM, LINCOLN, LN5 9LB - £185,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 CROFT LANE is a very small extended detached house of 85m², built sometime between 1950 and 1966, which could now be worth an estimated £274,132. It was last sold for £185,000 in May 2015, which was around 7% below the average May 2015 detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2012, where the current energy rating was E, and the potential energy rating was B.

1 CROFT LANE Sold Prices

Land registry data shows two sales for 1 CROFT LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Both of the two 1 CROFT LANE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 15 MAY	£185,000	£198,842	7% below HPI
2005 14 DEC	£130,000	£178,708	27% below HPI

1 CROFT LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The two 1 CROFT LANE sales from December 2005 and May 2015 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 2005 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the May 2015 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 1 CROFT LANE be worth now?

1 CROFT LANE might now be worth an estimated £274,132.

This is based on house price inflation of 48.2%, between May 2015 and December 2024, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 48.2% inflationary increase is applied to the most recent sale price for 1 CROFT LANE of £185,000 on 15th May 2015. For the value to have increased from £185,000 to £274,132 over the eight years and five months to December 2024, the following assumptions must hold true:

• The value of 1 CROFT LANE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The May 2015 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 1 CROFT LANE has not materially changed since May 2015.

How Large is 1 CROFT LANE?

1 CROFT LANE is 85m², which includes one extension, according to the EPC inspection conducted in November 2012. This puts it in the smallest 20% of detached houses houses in Bassingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bassingham, and where 1 CROFT LANE lies on this distribution: 17% of detached houses houses are smaller than 1 CROFT LANE, and 83% of houses are larger. Note that EPC data is not available for all properties in Bassingham.

1 CROFT LANE: Plot and Title Map

1 CROFT LANE sits on a plot of roughly 0.145 of an acre, or 588m². The below map shows the location of 1 CROFT LANE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 CROFT LANE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 CROFT LANE?

1 CROFT LANE is located in BASSINGHAM, in the LN5 postcode district. The below map shows the position of No. 1 on CROFT LANE.