1, LANCASTER GATE, BARDNEY, LINCOLN, LN3 5BY - £150,000

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 LANCASTER GATE is a very small detached house of 69m², built sometime from 2007 onwards, which could now be worth an estimated £205,245. It was last sold for £150,000 in October 2016, which was around 28% below the average October 2016 detached price in the West Lindsey local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

1 LANCASTER GATE Sold Prices

Land registry data shows two sales for 1 LANCASTER GATE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Both of the two 1 LANCASTER GATE 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
2016 7 OCT	£150,000	£208,228	28% below HPI
2014 31 JAN	£141,000	£193,157	27% below HPI

1 LANCASTER GATE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The two 1 LANCASTER GATE sales from January 2014 and October 2016 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 January 2014 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the October 2016 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 1 LANCASTER GATE be worth now?

1 LANCASTER GATE might now be worth an estimated £205,245.

This is based on house price inflation of 36.8%, between October 2016 and December 2024, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 36.8% inflationary increase is applied to the most recent sale price for 1 LANCASTER GATE of £150,000 on 7th October 2016. For the value to have increased from £150,000 to £205,245 over the seven years and ten months to December 2024, the following assumptions must hold true:

• The value of 1 LANCASTER GATE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The October 2016 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 1 LANCASTER GATE has not materially changed since October 2016.

How Large is 1 LANCASTER GATE?

1 LANCASTER GATE is 69m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 20% of detached houses houses in Bardney, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bardney, and where 1 LANCASTER GATE lies on this distribution: 11% of detached houses houses are smaller than 1 LANCASTER GATE, and 89% of houses are larger. Note that EPC data is not available for all properties in Bardney.

1 LANCASTER GATE: Plot and Title Map

1 LANCASTER GATE sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of 1 LANCASTER GATE, 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 LANCASTER GATE). 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 LANCASTER GATE?

1 LANCASTER GATE is located in BARDNEY, in the LN3 postcode district. The below map shows the position of No. 1 on LANCASTER GATE.