8, HOLMES FIELD, BASSINGHAM, LINCOLN, LN5 9LN - £157,500

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.

8 HOLMES FIELD is a very small detached house of 88m², built sometime between 1983 and 1990, which could now be worth an estimated £191,850. It was last sold for £157,500 in February 2019, which was around 37% below the average February 2019 detached price in the North Kesteven local authority area. The most recent EPC inspection was February 2009, where the current energy rating was E, and the potential energy rating was D.

8 HOLMES FIELD Sold Prices

Land registry data shows one sale for 8 HOLMES FIELD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 6 FEB	£157,500	£251,576	37% below HPI

What might 8 HOLMES FIELD be worth now?

8 HOLMES FIELD might now be worth an estimated £191,850.

This is based on house price inflation of 21.8%, between February 2019 and May 2026, 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 21.8% inflationary increase is applied to the most recent sale price for 8 HOLMES FIELD of £157,500 on 6th February 2019. For the value to have increased from £157,500 to £191,850 over the six years and nine months to May 2026, the following assumptions must hold true:

• The value of 8 HOLMES FIELD has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The February 2019 sale price of £157,500 represented a fair market value for the property.
• The size, condition, and specification of 8 HOLMES FIELD has not materially changed since February 2019.

How Large is 8 HOLMES FIELD?

8 HOLMES FIELD is 88m² according to the EPC inspection conducted in February 2009. This puts it in the smallest 20% of detached houses in Bassingham, based on EPC data. The below chart shows the distribution of detached houses by size in Bassingham, and where 8 HOLMES FIELD lies on this distribution: 18% of detached houses are smaller than 8 HOLMES FIELD, and 82% of detached houses are larger. Note that EPC data is not available for all properties in Bassingham.

8 HOLMES FIELD: Plot

8 HOLMES FIELD sits on a plot of roughly 0.062 of an acre, or 250m².

Where is 8 HOLMES FIELD?

8 HOLMES FIELD is located in BASSINGHAM, in the LN5 postcode district.