6, HOLMES FIELD, BASSINGHAM, LINCOLN, LN5 9LN - £185,000

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

6 HOLMES FIELD is a very small extended detached house of 82m², built sometime between 1996 and 2002. It was last sold for £185,000 in May 2017, which was around 22% below the average May 2017 detached price in the North Kesteven local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

6 HOLMES FIELD Sold Prices

Land registry data shows two sales for 6 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 6 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
2017 12 MAY	£185,000	£237,856	22% below HPI
2015 16 OCT	£139,250	£211,922	34% below HPI

6 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 6 HOLMES FIELD sales from October 2015 and May 2017 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 October 2015 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the May 2017 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 6 HOLMES FIELD?

6 HOLMES FIELD is 82m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the smallest 20% of detached houses in Bassingham, based on EPC data. The below chart shows the distribution of detached houses by size in Bassingham, and where 6 HOLMES FIELD lies on this distribution: 13% of detached houses are smaller than 6 HOLMES FIELD, and 87% of houses are larger. Note that EPC data is not available for all properties in Bassingham.

6 HOLMES FIELD: Plot and Title Map

6 HOLMES FIELD sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 6 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 6 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 6 HOLMES FIELD?

6 HOLMES FIELD is located in BASSINGHAM, in the LN5 postcode district. The below map shows the position of No. 6 on HOLMES FIELD.