12B, EASTGATE, BASSINGHAM, LINCOLN, LN5 9JS - £200,000

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

12B EASTGATE is a small extended detached house of 93m², built sometime between 1996 and 2002. It was last sold for £200,000 in March 2024, which was around 33% below the average March 2024 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

12B EASTGATE Sold Prices

Land registry data shows two sales for 12B EASTGATE 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 12B EASTGATE 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
2024 22 MAR	£200,000	£299,653	33% below HPI
2019 27 MAR	£136,000	£252,775	46% below HPI

12B EASTGATE 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 12B EASTGATE sales from March 2019 and March 2024 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 March 2019 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the March 2024 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 12B EASTGATE?

12B EASTGATE is 93m², which includes one extension, according to the EPC inspection conducted in May 2017. 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 12B EASTGATE lies on this distribution: 21% of detached houses are smaller than 12B EASTGATE, and 78% of houses are larger. Note that EPC data is not available for all properties in Bassingham.

12B EASTGATE: Plot and Title Map

12B EASTGATE sits on a plot of roughly 0.022 of an acre, or 87m². The below map shows the location of 12B EASTGATE, 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 12B EASTGATE). 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 12B EASTGATE?

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