5, BLACKSMITH ROW, BASSINGHAM, LINCOLN, LN5 9JN - £197,500

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.

5 BLACKSMITH ROW is a very small detached house of 58m², built sometime between 1991 and 1995, which could now be worth an estimated £199,630. It was last sold for £197,500 in June 2022, which was around 34% below the average June 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was February 2022, where the current energy rating was F, and the potential energy rating was B.

5 BLACKSMITH ROW Sold Prices

Land registry data shows two sales for 5 BLACKSMITH ROW 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 5 BLACKSMITH ROW 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 17 JUN	£197,500	£300,490	34% below HPI
2006 25 MAY	£149,950	£179,131	16% below HPI

5 BLACKSMITH ROW 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 5 BLACKSMITH ROW sales from May 2006 and June 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 May 2006 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2022 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 5 BLACKSMITH ROW be worth now?

5 BLACKSMITH ROW might now be worth an estimated £199,630.

This is based on house price inflation of 1.1%, between June 2022 and June 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 1.1% inflationary increase is applied to the most recent sale price for 5 BLACKSMITH ROW of £197,500 on 17th June 2022. For the value to have increased from £197,500 to £199,630 over the three years to June 2025, the following assumptions must hold true:

• The value of 5 BLACKSMITH ROW has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The June 2022 sale price of £197,500 represented a fair market value for the property.
• The size, condition, and specification of 5 BLACKSMITH ROW has not materially changed since June 2022.

How Large is 5 BLACKSMITH ROW?

5 BLACKSMITH ROW is 58m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 10% 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 5 BLACKSMITH ROW lies on this distribution: 2% of detached houses houses are smaller than 5 BLACKSMITH ROW, and 98% of houses are larger. Note that EPC data is not available for all properties in Bassingham.

5 BLACKSMITH ROW: Plot and Title Map

5 BLACKSMITH ROW sits on a plot of roughly 0.036 of an acre, or 147m². The below map shows the location of 5 BLACKSMITH ROW, 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 5 BLACKSMITH ROW). 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 5 BLACKSMITH ROW?

5 BLACKSMITH ROW is located in BASSINGHAM, in the LN5 postcode district. The below map shows the position of No. 5 on BLACKSMITH ROW.