12, BAKERS LANE, BASSINGHAM, LINCOLN, LN5 9HD - £243,000

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

12 BAKERS LANE is a small detached house of 114m², built sometime between 1983 and 1990, which could now be worth an estimated £388,010. It was last sold for £243,000 in November 2013, which was around 32% above the average November 2013 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2011, where the current energy rating was E, and the potential energy rating was D.

12 BAKERS LANE Sold Prices

Land registry data shows two sales for 12 BAKERS 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 12 BAKERS LANE 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
2013 26 NOV	£243,000	£184,527	32% above HPI
1999 23 APR	£114,000	£68,920	65% above HPI

12 BAKERS 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 12 BAKERS LANE sales from April 1999 and November 2013 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 April 1999 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the November 2013 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 12 BAKERS LANE be worth now?

12 BAKERS LANE might now be worth an estimated £388,010.

This is based on house price inflation of 59.7%, between November 2013 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 59.7% inflationary increase is applied to the most recent sale price for 12 BAKERS LANE of £243,000 on 26th November 2013. For the value to have increased from £243,000 to £388,010 over the ten years and eleven months to December 2024, the following assumptions must hold true:

• The value of 12 BAKERS LANE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The November 2013 sale price of £243,000 represented a fair market value for the property.
• The size, condition, and specification of 12 BAKERS LANE has not materially changed since November 2013.

How Large is 12 BAKERS LANE?

12 BAKERS LANE is 114m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 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 12 BAKERS LANE lies on this distribution: 37% of detached houses houses are smaller than 12 BAKERS LANE, and 63% of houses are larger. Note that EPC data is not available for all properties in Bassingham.

12 BAKERS LANE: Plot and Title Map

12 BAKERS LANE sits on a plot of roughly 0.189 of an acre, or 763m². The below map shows the location of 12 BAKERS 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 12 BAKERS 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 12 BAKERS LANE?

12 BAKERS LANE is located in BASSINGHAM, in the LN5 postcode district. The below map shows the position of No. 12 on BAKERS LANE.