18, BEECHERS WAY, MARKET RASEN, LN8 3FJ - £170,000

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

18 BEECHERS WAY is a very small detached house of 83m², built sometime between 1996 and 2002. It was last sold for £170,000 in August 2012, which was around 5% below the average August 2012 detached price in the West Lindsey local authority area. The most recent EPC inspection was June 2016, where the current energy rating was C, and the potential energy rating was B.

18 BEECHERS WAY Sold Prices

Land registry data shows two sales for 18 BEECHERS WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. One of the two 18 BEECHERS WAY sales was for below the average price, whilst the other was 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
2012 28 AUG	£170,000	£178,474	5% below HPI
2002 19 JUL	£121,000	£103,382	17% above HPI

18 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 two 18 BEECHERS WAY sales from July 2002 and August 2012 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 July 2002 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the August 2012 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 18 BEECHERS WAY?

18 BEECHERS WAY is 83m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 20% 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 18 BEECHERS WAY lies on this distribution: 20% of detached houses are smaller than 18 BEECHERS WAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

18 BEECHERS WAY: Plot and Title Map

18 BEECHERS WAY sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of 18 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 18 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 18 BEECHERS WAY?

18 BEECHERS WAY is located in MARKET RASEN, in the LN8 postcode district. The below map shows the position of No. 18 on BEECHERS WAY.