2, BECK STREET, WELBOURN, LINCOLN, LN5 0LZ - £315,000

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.

2 BECK STREET is a small extended detached house of 130m², built sometime between 1967 and 1975, which could now be worth an estimated £409,057. It was last sold for £315,000 in April 2017, which was around 35% above the average April 2017 detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2016, where the current energy rating was E, and the potential energy rating was C.

2 BECK STREET Sold Prices

Land registry data shows three sales for 2 BECK STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the three 2 BECK STREET sales were 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
2017 20 APR	£315,000	£233,136	35% above HPI
2011 18 MAR	£278,000	£178,531	56% above HPI
2007 16 OCT	£220,000	£197,479	11% above HPI

2 BECK STREET 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 three 2 BECK STREET sales between October 2007 and April 2017 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 March 2011 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the April 2017 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might 2 BECK STREET be worth now?

2 BECK STREET might now be worth an estimated £409,057.

This is based on house price inflation of 29.9%, between April 2017 and February 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 29.9% inflationary increase is applied to the most recent sale price for 2 BECK STREET of £315,000 on 20th April 2017. For the value to have increased from £315,000 to £409,057 over the eight years and two months to February 2025, the following assumptions must hold true:

• The value of 2 BECK STREET has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The April 2017 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BECK STREET has not materially changed since April 2017.

How Large is 2 BECK STREET?

2 BECK STREET is 130m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the smallest 40% of detached houses houses in Welbourn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Welbourn, and where 2 BECK STREET lies on this distribution: 40% of detached houses houses are smaller than 2 BECK STREET, and 60% of houses are larger. Note that EPC data is not available for all properties in Welbourn.

2 BECK STREET: Plot and Title Map

2 BECK STREET sits on a plot of roughly 0.325 of an acre, or 1,314m². The below map shows the location of 2 BECK STREET, 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 2 BECK STREET). 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 2 BECK STREET?

2 BECK STREET is located in WELBOURN, in the LN5 postcode district. The below map shows the position of No. 2 on BECK STREET.