16, HOLMES FIELD, BASSINGHAM, LINCOLN, LN5 9LN - £52,950

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

16 HOLMES FIELD is a very small detached house of 71m², built sometime between 1991 and 1995, which could now be worth an estimated £234,170. It was last sold for £52,950 in March 1998, which was around 21% below the average March 1998 detached price in the North Kesteven local authority area. The most recent EPC inspection was April 2023, where the current energy rating was E, and the potential energy rating was D.

16 HOLMES FIELD Sold Prices

Land registry data shows two sales for 16 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 16 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 31 MAR	£52,950	£66,624	21% below HPI
1997 19 DEC	£53,000	£65,764	19% below HPI

16 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 16 HOLMES FIELD sales from December 1997 and March 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 December 1997 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 1998 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 16 HOLMES FIELD be worth now?

16 HOLMES FIELD might now be worth an estimated £234,170.

This is based on house price inflation of 342.2%, between March 1998 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 342.2% inflationary increase is applied to the most recent sale price for 16 HOLMES FIELD of £52,950 on 31st March 1998. For the value to have increased from £52,950 to £234,170 over the 25 years and three months to December 2024, the following assumptions must hold true:

• The value of 16 HOLMES FIELD has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The March 1998 sale price of £52,950 represented a fair market value for the property.
• The size, condition, and specification of 16 HOLMES FIELD has not materially changed since March 1998.

How Large is 16 HOLMES FIELD?

16 HOLMES FIELD is 71m² according to the EPC inspection conducted in April 2023. This puts it in the smallest 10% 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 16 HOLMES FIELD lies on this distribution: 4% of detached houses houses are smaller than 16 HOLMES FIELD, and 95% of houses are larger. Note that EPC data is not available for all properties in Bassingham.

16 HOLMES FIELD: Plot and Title Map

16 HOLMES FIELD sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 16 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 16 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 16 HOLMES FIELD?

16 HOLMES FIELD is located in BASSINGHAM, in the LN5 postcode district. The below map shows the position of No. 16 on HOLMES FIELD.