1, WATER LANE, BASSINGHAM, LINCOLN, LN5 9LA - £245,000

1 WATER LANE is a midsized extended detached house of 143m², built sometime between 1900 and 1929. It was last sold for £245,000 in April 2011, which was around 40% above the average April 2011 detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2022, where the current energy rating was E, and the potential energy rating was C.

1 WATER LANE Sold Prices

Land registry data shows two sales for 1 WATER 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 1 WATER 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
2011 27 APR	£245,000	£175,107	40% above HPI
2007 14 DEC	£237,500	£195,111	22% above HPI

1 WATER 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 1 WATER LANE sales from December 2007 and April 2011 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 December 2007 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the April 2011 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is 1 WATER LANE?

1 WATER LANE is 143m², which includes two extensions, according to the EPC inspection conducted in November 2022. This puts it in the smallest 50% of detached houses in Bassingham, based on EPC data. The below chart shows the distribution of detached houses by size in Bassingham, and where 1 WATER LANE lies on this distribution: 48% of detached houses are smaller than 1 WATER LANE, and 52% of houses are larger. Note that EPC data is not available for all properties in Bassingham.

1 WATER LANE: Plot and Title Map

1 WATER LANE sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of 1 WATER 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 1 WATER 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 1 WATER LANE?

1 WATER LANE is located in BASSINGHAM, in the LN5 postcode district. The below map shows the position of No. 1 on WATER LANE.