8, BAKERS LANE, BASSINGHAM, LINCOLN, LN5 9HD - £232,000

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.

8 BAKERS LANE is a small extended semi-detached house of 97m², built sometime between 1967 and 1975, which could now be worth an estimated £244,759. It was last sold for £232,000 in February 2024, which was around 20% above the average February 2024 semi-detached price in the North Kesteven local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was A.

8 BAKERS LANE Sold Prices

Land registry data shows three sales for 8 BAKERS LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the North Kesteven local authority area for the corresponding sale date. Two of the three 8 BAKERS LANE sales were for above the average price, whilst one was 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
2024 26 FEB	£232,000	£193,181	20% above HPI
2006 24 OCT	£155,000	£124,354	25% above HPI
2004 26 JUL	£100,000	£109,619	9% below HPI

8 BAKERS LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Kesteven local authority area over time, sourced from the HPI. The three 8 BAKERS LANE sales between July 2004 and February 2024 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 2006 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the February 2024 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 8 BAKERS LANE be worth now?

8 BAKERS LANE might now be worth an estimated £244,759.

This is based on house price inflation of 5.5%, between February 2024 and February 2025, for semi-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 5.5% inflationary increase is applied to the most recent sale price for 8 BAKERS LANE of £232,000 on 26th February 2024. For the value to have increased from £232,000 to £244,759 over the one year to February 2025, the following assumptions must hold true:

• The value of 8 BAKERS LANE has moved in line with the HPI for semi-detached houses in the North Kesteven local authority area.
• The February 2024 sale price of £232,000 represented a fair market value for the property.
• The size, condition, and specification of 8 BAKERS LANE has not materially changed since February 2024.

How Large is 8 BAKERS LANE?

8 BAKERS LANE is 97m², which includes two extensions, according to the EPC inspection conducted in August 2018. This puts it in the smallest 30% of semi-detached houses houses in Bassingham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bassingham, and where 8 BAKERS LANE lies on this distribution: 25% of semi-detached houses houses are smaller than 8 BAKERS LANE, and 75% of houses are larger. Note that EPC data is not available for all properties in Bassingham.

8 BAKERS LANE: Plot and Title Map

8 BAKERS LANE sits on a plot of roughly 0.085 of an acre, or 342m². The below map shows the location of 8 BAKERS 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 8 BAKERS 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 8 BAKERS LANE?

8 BAKERS LANE is located in BASSINGHAM, in the LN5 postcode district. The below map shows the position of No. 8 on BAKERS LANE.