3, VILLAGE FARM, BASSINGHAM, LINCOLN, LN5 9FS - £412,000

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

3 VILLAGE FARM is a very large detached house of 204m², which could now be worth an estimated £606,231. It was last sold for £412,000 in August 2015, which was around 100% above the average August 2015 detached price in the North Kesteven local authority area. The most recent EPC inspection was August 2013, where the current energy rating was B, and the potential energy rating was B.

3 VILLAGE FARM Sold Prices

Land registry data shows two sales for 3 VILLAGE FARM 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 3 VILLAGE FARM 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
2015 4 AUG	£412,000	£205,751	100% above HPI
2013 24 JUL	£375,000	£183,495	104% above HPI

3 VILLAGE FARM 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 3 VILLAGE FARM sales from July 2013 and August 2015 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 2013 sale was for 104% above the HPI. So the extrapolation line tracks at 104% above the HPI over time, until the August 2015 sale, where it falls to 100% above the HPI. The line then continues to track at 100% above the HPI.

What might 3 VILLAGE FARM be worth now?

3 VILLAGE FARM might now be worth an estimated £606,231.

This is based on house price inflation of 47.1%, between August 2015 and February 2025, 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 47.1% inflationary increase is applied to the most recent sale price for 3 VILLAGE FARM of £412,000 on 4th August 2015. For the value to have increased from £412,000 to £606,231 over the ten years and six months to February 2025, the following assumptions must hold true:

• The value of 3 VILLAGE FARM has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The August 2015 sale price of £412,000 represented a fair market value for the property.
• The size, condition, and specification of 3 VILLAGE FARM has not materially changed since August 2015.

How Large is 3 VILLAGE FARM?

3 VILLAGE FARM is 204m² according to the EPC inspection conducted in August 2013. This puts it in the largest 20% 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 3 VILLAGE FARM lies on this distribution: 81% of detached houses houses are smaller than 3 VILLAGE FARM, and 19% of houses are larger. Note that EPC data is not available for all properties in Bassingham.

3 VILLAGE FARM: Plot and Title Map

3 VILLAGE FARM sits on a plot of roughly 0.109 of an acre, or 443m². The below map shows the location of 3 VILLAGE FARM, 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 3 VILLAGE FARM). 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 3 VILLAGE FARM?

3 VILLAGE FARM is located in BASSINGHAM, in the LN5 postcode district. The below map shows the position of No. 3 on VILLAGE FARM.