2, BEECHERS WAY, MARKET RASEN, LN8 3FJ - £279,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 BEECHERS WAY is a midsized detached house of 112m², built sometime between 1996 and 2002, which could now be worth an estimated £327,377. It was last sold for £279,000 in December 2020, which was around 15% above the average December 2020 detached price in the West Lindsey local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.

2 BEECHERS WAY Sold Prices

Land registry data shows three sales for 2 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 2 BEECHERS WAY 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
2020 7 DEC	£279,000	£242,816	15% above HPI
2019 16 JUL	£265,000	£216,704	22% above HPI
2001 23 FEB	£112,000	£82,433	36% above HPI

2 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 2 BEECHERS WAY sales between February 2001 and December 2020 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 2019 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the December 2020 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 2 BEECHERS WAY be worth now?

2 BEECHERS WAY might now be worth an estimated £327,377.

This is based on house price inflation of 17.3%, between December 2020 and December 2024, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.3% inflationary increase is applied to the most recent sale price for 2 BEECHERS WAY of £279,000 on 7th December 2020. For the value to have increased from £279,000 to £327,377 over the four years to December 2024, the following assumptions must hold true:

• The value of 2 BEECHERS WAY has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The December 2020 sale price of £279,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BEECHERS WAY has not materially changed since December 2020.

How Large is 2 BEECHERS WAY?

2 BEECHERS WAY is 112m² according to the EPC inspection conducted in April 2019. This puts it in the largest 50% of detached houses houses in Market Rasen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Market Rasen, and where 2 BEECHERS WAY lies on this distribution: 53% of detached houses houses are smaller than 2 BEECHERS WAY, and 47% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

2 BEECHERS WAY: Plot and Title Map

2 BEECHERS WAY sits on a plot of roughly 0.171 of an acre, or 694m². The below map shows the location of 2 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 2 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 2 BEECHERS WAY?

2 BEECHERS WAY is located in MARKET RASEN, in the LN8 postcode district. The below map shows the position of No. 2 on BEECHERS WAY.