5, LINCOLN ROAD, BASSINGHAM, LINCOLN, LN5 9HE - £279,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

5 LINCOLN ROAD is a small extended detached house of 116m², built sometime between 1967 and 1975. It was last sold for £279,000 in October 2022, which was around 14% below the average October 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2022, where the current energy rating was E, and the potential energy rating was C.

5 LINCOLN ROAD Sold Prices

Land registry data shows three sales for 5 LINCOLN ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the three 5 LINCOLN ROAD 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
2022 7 OCT	£279,000	£322,721	14% below HPI
2007 17 AUG	£166,000	£202,284	18% below HPI
2000 4 AUG	£62,000	£80,943	23% below HPI

5 LINCOLN ROAD 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 three 5 LINCOLN ROAD sales between August 2000 and October 2022 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 August 2007 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the October 2022 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 5 LINCOLN ROAD?

5 LINCOLN ROAD is 116m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the smallest 40% of detached houses in Bassingham, based on EPC data. The below chart shows the distribution of detached houses by size in Bassingham, and where 5 LINCOLN ROAD lies on this distribution: 37% of detached houses are smaller than 5 LINCOLN ROAD, and 62% of houses are larger. Note that EPC data is not available for all properties in Bassingham.

5 LINCOLN ROAD: Plot and Title Map

5 LINCOLN ROAD sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 5 LINCOLN ROAD, 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 5 LINCOLN ROAD). 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 5 LINCOLN ROAD?

5 LINCOLN ROAD is located in BASSINGHAM, in the LN5 postcode district. The below map shows the position of No. 5 on LINCOLN ROAD.