8, BEECHERS WAY, MARKET RASEN, LN8 3FJ - £190,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

8 BEECHERS WAY is a very small detached house of 72m², built sometime between 1996 and 2002. It was last sold for £190,000 in December 2018, which was around 13% below the average December 2018 detached price in the West Lindsey local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was C.

8 BEECHERS WAY Sold Prices

Land registry data shows six sales for 8 BEECHERS WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Most of the six 8 BEECHERS WAY sales were for below 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
2018 14 DEC	£190,000	£219,536	13% below HPI
2007 19 JUL	£186,500	£190,724	2% below HPI
2004 20 FEB	£145,000	£151,739	4% below HPI
2003 21 MAR	£138,000	£136,394	1% above HPI
2001 12 OCT	£84,500	£87,009	3% below HPI
2001 14 MAR	£77,950	£81,316	4% below HPI

8 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 six 8 BEECHERS WAY sales between March 2001 and December 2018 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 2007 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the December 2018 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 8 BEECHERS WAY?

8 BEECHERS WAY is 72m² according to the EPC inspection conducted in May 2011. 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 8 BEECHERS WAY lies on this distribution: 11% of detached houses are smaller than 8 BEECHERS WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

8 BEECHERS WAY: Plot and Title Map

8 BEECHERS WAY sits on a plot of roughly 0.132 of an acre, or 534m². The below map shows the location of 8 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 8 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 8 BEECHERS WAY?

8 BEECHERS WAY is located in MARKET RASEN, in the LN8 postcode district. The below map shows the position of No. 8 on BEECHERS WAY.