18, WATER LANE, BASSINGHAM, LINCOLN, LN5 9LA - £229,783

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

18 WATER LANE is a small extended semi-detached house of 105m², built sometime before 1900, which could now be worth an estimated £286,858. It was last sold for £229,783 in August 2018, which was around 41% above the average August 2018 semi-detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2018, where the current energy rating was F, and the potential energy rating was A.

18 WATER LANE Sold Prices

Land registry data shows four sales for 18 WATER LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the North Kesteven local authority area for the corresponding sale date. Most of the four 18 WATER 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
2018 7 AUG	£229,783	£163,255	41% above HPI
2008 30 JUL	£180,000	£127,150	42% above HPI
2004 1 OCT	£132,000	£109,804	20% above HPI
1995 29 SEP	£28,500	£38,846	27% below HPI

18 WATER LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Kesteven local authority area over time, sourced from the HPI. The four 18 WATER LANE sales between September 1995 and August 2018 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 July 2008 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the August 2018 sale, where it falls to 41% above the HPI. The line then continues to track at 41% above the HPI.

What might 18 WATER LANE be worth now?

18 WATER LANE might now be worth an estimated £286,858.

This is based on house price inflation of 24.8%, between August 2018 and February 2025, for semi-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 24.8% inflationary increase is applied to the most recent sale price for 18 WATER LANE of £229,783 on 7th August 2018. For the value to have increased from £229,783 to £286,858 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 18 WATER LANE has moved in line with the HPI for semi-detached houses in the North Kesteven local authority area.
• The August 2018 sale price of £229,783 represented a fair market value for the property.
• The size, condition, and specification of 18 WATER LANE has not materially changed since August 2018.

How Large is 18 WATER LANE?

18 WATER LANE is 105m², which includes two extensions, according to the EPC inspection conducted in March 2018. This puts it in the smallest 40% of semi-detached houses houses in Bassingham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bassingham, and where 18 WATER LANE lies on this distribution: 31% of semi-detached houses houses are smaller than 18 WATER LANE, and 69% of houses are larger. Note that EPC data is not available for all properties in Bassingham.

18 WATER LANE: Plot and Title Map

18 WATER LANE sits on a plot of roughly 0.039 of an acre, or 157m². The below map shows the location of 18 WATER 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 18 WATER 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 18 WATER LANE?

18 WATER LANE is located in BASSINGHAM, in the LN5 postcode district. The below map shows the position of No. 18 on WATER LANE.