BEECH HOUSE, STOCKS LANE, FALDINGWORTH, MARKET RASEN, LN8 3SH - £460,000

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

BEECH HOUSE is a very large extended detached house of 263m², built sometime between 2003 and 2006. It was last sold for £460,000 in February 2021, which was around 86% above the average February 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was November 2023, where the current energy rating was C, and the potential energy rating was C.

BEECH HOUSE Sold Prices

Land registry data shows two sales for BEECH HOUSE 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 BEECH HOUSE 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
2021 25 FEB	£460,000	£247,515	86% above HPI
2016 28 APR	£360,000	£192,407	87% above HPI

BEECH HOUSE 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 BEECH HOUSE sales from April 2016 and February 2021 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 April 2016 sale was for 87% above the HPI. So the extrapolation line tracks at 87% above the HPI over time, until the February 2021 sale, where it falls to 86% above the HPI. The line then continues to track at 86% above the HPI.

How Large is BEECH HOUSE?

BEECH HOUSE is 263m², which includes two extensions, according to the EPC inspection conducted in November 2023. This puts it in the largest 10% of detached houses in Faldingworth, based on EPC data. The below chart shows the distribution of detached houses by size in Faldingworth, and where BEECH HOUSE lies on this distribution: 96% of detached houses are smaller than BEECH HOUSE, and 4% of houses are larger. Note that EPC data is not available for all properties in Faldingworth.

BEECH HOUSE: Plot and Title Map

BEECH HOUSE sits on a plot of roughly 0.222 of an acre, or 898m². The below map shows the location of BEECH HOUSE, 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 BEECH HOUSE). 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 BEECH HOUSE?

BEECH HOUSE is located on STOCKS LANE in FALDINGWORTH, in the LN8 postcode district. The below map shows the position of BEECH HOUSE on STOCKS LANE.