BEECH HOUSE, WEST STREET, NORTH KELSEY, MARKET RASEN, LN7 6EL - £295,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

BEECH HOUSE is a large extended detached house of 189m², built sometime between 1930 and 1949, which could now be worth an estimated £487,790. It was last sold for £295,000 in June 2009, which was around 66% above the average June 2009 detached price in the West Lindsey local authority area. The most recent EPC inspection was May 2015, where the current energy rating was E, 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
2009 11 JUN	£295,000	£177,904	66% above HPI
1999 15 JAN	£119,000	£68,245	74% 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 January 1999 and June 2009 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 January 1999 sale was for 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the June 2009 sale, where it falls to 66% above the HPI. The line then continues to track at 66% above the HPI.

What might BEECH HOUSE be worth now?

BEECH HOUSE might now be worth an estimated £487,790.

This is based on house price inflation of 65.4%, between June 2009 and March 2025, 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 65.4% inflationary increase is applied to the most recent sale price for BEECH HOUSE of £295,000 on 11th June 2009. For the value to have increased from £295,000 to £487,790 over the sixteen years and three months to March 2025, the following assumptions must hold true:

• The value of BEECH HOUSE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The June 2009 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of BEECH HOUSE has not materially changed since June 2009.

How Large is BEECH HOUSE?

BEECH HOUSE is 189m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the largest 30% of detached houses houses in North Kelsey, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Kelsey, and where BEECH HOUSE lies on this distribution: 78% of detached houses houses are smaller than BEECH HOUSE, and 22% of houses are larger. Note that EPC data is not available for all properties in North Kelsey.

BEECH HOUSE: Plot and Title Map

BEECH HOUSE sits on a plot of roughly 0.367 of an acre, or 1,487m². 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 WEST STREET in NORTH KELSEY, in the LN7 postcode district. The below map shows the position of BEECH HOUSE on WEST STREET.