3, THE BEE FIELD, LINCOLN, LN2 4GE - £310,000

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

3 THE BEE FIELD is a very large detached house of 188m², built sometime between 2003 and 2006. It was last sold for £310,000 in August 2016, which was around 51% above the average August 2016 detached price in the West Lindsey local authority area. The most recent EPC inspection was December 2015, where the current energy rating was C, and the potential energy rating was B.

3 THE BEE FIELD Sold Prices

Land registry data shows two sales for 3 THE BEE FIELD 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. Both of the two 3 THE BEE FIELD 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
2016 19 AUG	£310,000	£205,407	51% above HPI
2003 25 JUL	£245,000	£140,972	74% above HPI

3 THE BEE FIELD 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 3 THE BEE FIELD sales from July 2003 and August 2016 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 2003 sale was for 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the August 2016 sale, where it falls to 51% above the HPI. The line then continues to track at 51% above the HPI.

What might 3 THE BEE FIELD be worth now?

3 THE BEE FIELD might now be worth an estimated £429,999.

This is based on house price inflation of 38.7%, between August 2016 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 38.7% inflationary increase is applied to the most recent sale price for 3 THE BEE FIELD of £310,000 on 19th August 2016. For the value to have increased from £310,000 to £429,999 over the seven years and eight months to December 2024, the following assumptions must hold true:

• The value of 3 THE BEE FIELD has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The August 2016 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 3 THE BEE FIELD has not materially changed since August 2016.

How Large is 3 THE BEE FIELD?

3 THE BEE FIELD is 188m² according to the EPC inspection conducted in December 2015. This puts it in the largest 10% of detached houses houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lincoln, and where 3 THE BEE FIELD lies on this distribution: 94% of detached houses houses are smaller than 3 THE BEE FIELD, and 5% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

3 THE BEE FIELD: Plot and Title Map

3 THE BEE FIELD sits on a plot of roughly 0.112 of an acre, or 454m². The below map shows the location of 3 THE BEE FIELD, 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 3 THE BEE FIELD). 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 3 THE BEE FIELD?

3 THE BEE FIELD is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 3 on THE BEE FIELD.