1, MIDDLEGATE, BASSINGHAM, LINCOLN, LN5 9JU - £250,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 MIDDLEGATE is a small extended detached house of 103m², built sometime between 1967 and 1975. It was last sold for £250,000 in June 2020, which was around 1% below the average June 2020 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was C.

1 MIDDLEGATE Sold Prices

Land registry data shows three sales for 1 MIDDLEGATE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the three 1 MIDDLEGATE 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
2020 1 JUN	£250,000	£253,301	1% below HPI
2016 31 MAY	£152,500	£217,497	30% below HPI
1999 11 AUG	£60,000	£73,068	18% below HPI

1 MIDDLEGATE 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 three 1 MIDDLEGATE sales between August 1999 and June 2020 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 May 2016 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the June 2020 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 1 MIDDLEGATE?

1 MIDDLEGATE is 103m², which includes two extensions, according to the EPC inspection conducted in July 2019. This puts it in the smallest 30% of detached houses in Bassingham, based on EPC data. The below chart shows the distribution of detached houses by size in Bassingham, and where 1 MIDDLEGATE lies on this distribution: 30% of detached houses are smaller than 1 MIDDLEGATE, and 70% of houses are larger. Note that EPC data is not available for all properties in Bassingham.

1 MIDDLEGATE: Plot and Title Map

1 MIDDLEGATE sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 1 MIDDLEGATE, 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 MIDDLEGATE). 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 MIDDLEGATE?

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