BASIL DENE, FIELD LANE, BARDNEY, LINCOLN, LN3 5XP - £215,000

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

BASIL DENE is a very small detached house of 75m², built sometime between 1930 and 1949, which could now be worth an estimated £220,810. It was last sold for £215,000 in March 2022, which was around 23% below the average March 2022 detached price in the West Lindsey local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

BASIL DENE Sold Prices

Land registry data shows two sales for BASIL DENE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Both of the two BASIL DENE 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 4 MAR	£215,000	£277,422	23% below HPI
2018 14 JUN	£153,000	£224,902	32% below HPI

BASIL DENE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The two BASIL DENE sales from June 2018 and March 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 June 2018 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the March 2022 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might BASIL DENE be worth now?

BASIL DENE might now be worth an estimated £220,810.

This is based on house price inflation of 2.7%, between March 2022 and December 2024, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.7% inflationary increase is applied to the most recent sale price for BASIL DENE of £215,000 on 4th March 2022. For the value to have increased from £215,000 to £220,810 over the one year and three months to December 2024, the following assumptions must hold true:

• The value of BASIL DENE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The March 2022 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of BASIL DENE has not materially changed since March 2022.

How Large is BASIL DENE?

BASIL DENE is 75m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 20% of detached houses houses in Bardney, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bardney, and where BASIL DENE lies on this distribution: 16% of detached houses houses are smaller than BASIL DENE, and 83% of houses are larger. Note that EPC data is not available for all properties in Bardney.

BASIL DENE: Plot and Title Map

BASIL DENE sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of BASIL DENE, 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 BASIL DENE). 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 BASIL DENE?

BASIL DENE is located on FIELD LANE in BARDNEY, in the LN3 postcode district. The below map shows the position of BASIL DENE on FIELD LANE.