12, HOLMES FIELD, BASSINGHAM, LINCOLN, LN5 9LN - £55,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

12 HOLMES FIELD is a very small detached house of 71m², built sometime between 1991 and 1995. It was last sold for £55,000 in October 1998, which was around 20% below the average October 1998 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2013, where the current energy rating was E, and the potential energy rating was C.

12 HOLMES FIELD Sold Prices

Land registry data shows two sales for 12 HOLMES FIELD 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 HOLMES FIELD 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
1998 30 OCT	£55,000	£68,919	20% below HPI
1998 19 FEB	£51,500	£67,537	24% below HPI

12 HOLMES FIELD 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 HOLMES FIELD sales from February 1998 and October 1998 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 February 1998 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the October 1998 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 12 HOLMES FIELD?

12 HOLMES FIELD is 71m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 10% of detached houses in Bassingham, based on EPC data. The below chart shows the distribution of detached houses by size in Bassingham, and where 12 HOLMES FIELD lies on this distribution: 4% of detached houses are smaller than 12 HOLMES FIELD, and 96% of houses are larger. Note that EPC data is not available for all properties in Bassingham.

12 HOLMES FIELD: Plot and Title Map

12 HOLMES FIELD sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 12 HOLMES FIELD, 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 HOLMES FIELD). 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 HOLMES FIELD?

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