7, LINGA LANE, BASSINGHAM, LINCOLN, LN5 9LD - £620,000

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.

7 LINGA LANE is a very large detached house of 213m², built sometime between 1991 and 1995, which could now be worth an estimated £612,185. It was last sold for £620,000 in July 2022, which was around 102% above the average July 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

7 LINGA LANE Sold Prices

Land registry data shows two sales for 7 LINGA LANE 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 7 LINGA 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
2022 8 JUL	£620,000	£306,614	102% above HPI
1996 17 OCT	£164,500	£62,362	164% above HPI

7 LINGA LANE 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 7 LINGA LANE sales from October 1996 and July 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 October 1996 sale was for 164% above the HPI. So the extrapolation line tracks at 164% above the HPI over time, until the July 2022 sale, where it falls to 102% above the HPI. The line then continues to track at 102% above the HPI.

What might 7 LINGA LANE be worth now?

7 LINGA LANE might now be worth an estimated £612,185.

This is based on house price deflation of 1.3%, between July 2022 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 1.3% deflationary decrease is applied to the most recent sale price for 7 LINGA LANE of £620,000 on 8th July 2022. For the value to have decreased from £620,000 to £612,185 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 7 LINGA LANE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The July 2022 sale price of £620,000 represented a fair market value for the property.
• The size, condition, and specification of 7 LINGA LANE has not materially changed since July 2022.

How Large is 7 LINGA LANE?

7 LINGA LANE is 213m² according to the EPC inspection conducted in September 2020. 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 7 LINGA LANE lies on this distribution: 83% of detached houses houses are smaller than 7 LINGA LANE, and 17% of houses are larger. Note that EPC data is not available for all properties in Bassingham.

7 LINGA LANE: Plot and Title Map

7 LINGA LANE sits on a plot of roughly 0.266 of an acre, or 1,078m². The below map shows the location of 7 LINGA 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 7 LINGA 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 7 LINGA LANE?

7 LINGA LANE is located in BASSINGHAM, in the LN5 postcode district. The below map shows the position of No. 7 on LINGA LANE.