6, MILL FIELDS, BASSINGHAM, LINCOLN, LN5 9NP - £380,000

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

6 MILL FIELDS is a midsized detached house of 159m², built sometime between 1996 and 2002, which could now be worth an estimated £535,105. It was last sold for £380,000 in October 2015, which was around 82% above the average October 2015 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2015, where the current energy rating was E, and the potential energy rating was C.

6 MILL FIELDS Sold Prices

Land registry data shows three sales for 6 MILL FIELDS 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 6 MILL FIELDS 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 14 OCT	£380,000	£209,238	82% above HPI
1999 12 FEB	£133,000	£70,080	90% above HPI
1996 9 AUG	£120,000	£62,025	93% above HPI

6 MILL FIELDS 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 6 MILL FIELDS sales between August 1996 and October 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 February 1999 sale was for 90% above the HPI. So the extrapolation line tracks at 90% above the HPI over time, until the October 2015 sale, where it falls to 82% above the HPI. The line then continues to track at 82% above the HPI.

What might 6 MILL FIELDS be worth now?

6 MILL FIELDS might now be worth an estimated £535,105.

This is based on house price inflation of 40.8%, between October 2015 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 40.8% inflationary increase is applied to the most recent sale price for 6 MILL FIELDS of £380,000 on 14th October 2015. For the value to have increased from £380,000 to £535,105 over the eight years and ten months to December 2024, the following assumptions must hold true:

• The value of 6 MILL FIELDS has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The October 2015 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 6 MILL FIELDS has not materially changed since October 2015.

How Large is 6 MILL FIELDS?

6 MILL FIELDS is 159m² according to the EPC inspection conducted in May 2015. This puts it in the largest 50% 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 6 MILL FIELDS lies on this distribution: 57% of detached houses houses are smaller than 6 MILL FIELDS, and 42% of houses are larger. Note that EPC data is not available for all properties in Bassingham.

6 MILL FIELDS: Plot and Title Map

6 MILL FIELDS sits on a plot of roughly 0.112 of an acre, or 454m². The below map shows the location of 6 MILL FIELDS, 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 MILL FIELDS). 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 MILL FIELDS?

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