11, WATER LANE, BASSINGHAM, LINCOLN, LN5 9LA - £400,000

11 WATER LANE is a midsized extended detached house of 139m², built sometime between 1900 and 1929. It was last sold for £400,000 in September 2020, which was around 52% above the average September 2020 detached price in the North Kesteven local authority area. The most recent EPC inspection was January 2016, where the current energy rating was E, and the potential energy rating was C.

11 WATER LANE Sold Prices

Land registry data shows two sales for 11 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. One of the two 11 WATER LANE sales was for above the average price, whilst the other 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
2020 7 SEP	£400,000	£262,930	52% above HPI
2008 15 FEB	£175,000	£188,650	7% below HPI

11 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 11 WATER LANE sales from February 2008 and September 2020 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 2008 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the September 2020 sale, where it rises to 52% above the HPI. The line then continues to track at 52% above the HPI.

How Large is 11 WATER LANE?

11 WATER LANE is 139m², which includes four extensions, according to the EPC inspection conducted in January 2016. 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 11 WATER LANE lies on this distribution: 47% of detached houses are smaller than 11 WATER LANE, and 53% of houses are larger. Note that EPC data is not available for all properties in Bassingham.

11 WATER LANE: Plot and Title Map

11 WATER LANE sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 11 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 11 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 11 WATER LANE?

11 WATER LANE is located in BASSINGHAM, in the LN5 postcode district. The below map shows the position of No. 11 on WATER LANE.