16, BEECHERS WAY, MARKET RASEN, LN8 3FJ - £147,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

16 BEECHERS WAY is a very small detached house of 58m², built sometime between 1996 and 2002. It was last sold for £147,500 in October 2009, which was around 16% below the average October 2009 detached price in the West Lindsey local authority area. The most recent EPC inspection was February 2009, where the current energy rating was C, and the potential energy rating was C.

16 BEECHERS WAY Sold Prices

Land registry data shows three sales for 16 BEECHERS WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the three 16 BEECHERS WAY 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
2009 16 OCT	£147,500	£175,473	16% below HPI
2006 25 JAN	£154,500	£180,042	14% below HPI
2002 28 FEB	£77,500	£96,230	19% below HPI

16 BEECHERS WAY 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 three 16 BEECHERS WAY sales between February 2002 and October 2009 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 January 2006 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the October 2009 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 16 BEECHERS WAY?

16 BEECHERS WAY is 58m² according to the EPC inspection conducted in February 2009. This puts it in the smallest 10% of detached houses in Market Rasen, based on EPC data. The below chart shows the distribution of detached houses by size in Market Rasen, and where 16 BEECHERS WAY lies on this distribution: 5% of detached houses are smaller than 16 BEECHERS WAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

16 BEECHERS WAY: Plot and Title Map

16 BEECHERS WAY sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 16 BEECHERS WAY, 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 16 BEECHERS WAY). 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 16 BEECHERS WAY?

16 BEECHERS WAY is located in MARKET RASEN, in the LN8 postcode district. The below map shows the position of No. 16 on BEECHERS WAY.