33, BEECHERS WAY, MARKET RASEN, LN8 3FJ - £260,000

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

33 BEECHERS WAY is a small extended detached house of 85m², built sometime between 1996 and 2002, which could now be worth an estimated £256,809. It was last sold for £260,000 in July 2022, which was around 10% below the average July 2022 detached price in the West Lindsey local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

33 BEECHERS WAY Sold Prices

Land registry data shows three sales for 33 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. Two of the three 33 BEECHERS WAY sales were for below the average price, whilst one 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
2022 29 JUL	£260,000	£288,459	10% below HPI
2004 23 JUL	£159,000	£174,194	9% below HPI
2001 14 DEC	£91,750	£90,381	2% above HPI

33 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 33 BEECHERS WAY sales between December 2001 and July 2022 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 2004 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the July 2022 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 33 BEECHERS WAY be worth now?

33 BEECHERS WAY might now be worth an estimated £256,809.

This is based on house price deflation of 1.2%, between July 2022 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 1.2% deflationary decrease is applied to the most recent sale price for 33 BEECHERS WAY of £260,000 on 29th July 2022. For the value to have decreased from £260,000 to £256,809 over the one year and seven months to December 2024, the following assumptions must hold true:

• The value of 33 BEECHERS WAY has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The July 2022 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 33 BEECHERS WAY has not materially changed since July 2022.

How Large is 33 BEECHERS WAY?

33 BEECHERS WAY is 85m², which includes two extensions, according to the EPC inspection conducted in April 2022. This puts it in the smallest 30% 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 33 BEECHERS WAY lies on this distribution: 21% of detached houses houses are smaller than 33 BEECHERS WAY, and 79% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

33 BEECHERS WAY: Plot and Title Map

33 BEECHERS WAY sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 33 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 33 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 33 BEECHERS WAY?

33 BEECHERS WAY is located in MARKET RASEN, in the LN8 postcode district. The below map shows the position of No. 33 on BEECHERS WAY.