11, MILL FIELDS, BASSINGHAM, LINCOLN, LN5 9NP - £292,000

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

11 MILL FIELDS is a large detached house of 163m², built sometime between 1996 and 2002, which could now be worth an estimated £466,325. It was last sold for £292,000 in April 2014, which was around 54% above the average April 2014 detached price in the North Kesteven local authority area. The most recent EPC inspection was February 2009, where the current energy rating was E, and the potential energy rating was C.

11 MILL FIELDS Sold Prices

Land registry data shows four sales for 11 MILL FIELDS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the four 11 MILL FIELDS sales were for above 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
2014 16 APR	£292,000	£189,573	54% above HPI
2011 11 NOV	£235,000	£178,006	32% above HPI
2003 18 JUL	£245,000	£145,193	69% above HPI
1997 12 FEB	£105,000	£61,941	70% above HPI

11 MILL FIELDS 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 four 11 MILL FIELDS sales between February 1997 and April 2014 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 November 2011 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the April 2014 sale, where it rises to 54% above the HPI. The line then continues to track at 54% above the HPI.

What might 11 MILL FIELDS be worth now?

11 MILL FIELDS might now be worth an estimated £466,325.

This is based on house price inflation of 59.7%, between April 2014 and February 2025, 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 59.7% inflationary increase is applied to the most recent sale price for 11 MILL FIELDS of £292,000 on 16th April 2014. For the value to have increased from £292,000 to £466,325 over the eleven years and two months to February 2025, the following assumptions must hold true:

• The value of 11 MILL FIELDS has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The April 2014 sale price of £292,000 represented a fair market value for the property.
• The size, condition, and specification of 11 MILL FIELDS has not materially changed since April 2014.

How Large is 11 MILL FIELDS?

11 MILL FIELDS is 163m² according to the EPC inspection conducted in February 2009. This puts it in the largest 40% 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 11 MILL FIELDS lies on this distribution: 61% of detached houses houses are smaller than 11 MILL FIELDS, and 39% of houses are larger. Note that EPC data is not available for all properties in Bassingham.

11 MILL FIELDS: Plot and Title Map

11 MILL FIELDS sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 11 MILL FIELDS, 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 11 MILL FIELDS). 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 11 MILL FIELDS?

11 MILL FIELDS is located in BASSINGHAM, in the LN5 postcode district. The below map shows the position of No. 11 on MILL FIELDS.