BEECH TREES, LEGSBY ROAD, MARKET RASEN, LN8 3DY - £146,000

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 TREES is a small extended semi-detached house of 98m², built sometime between 1967 and 1975, which could now be worth an estimated £219,586. It was last sold for £146,000 in October 2015, which was around 18% above the average October 2015 semi-detached price in the West Lindsey local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.

BEECH TREES Sold Prices

Land registry data shows two sales for BEECH TREES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the West Lindsey local authority area for the corresponding sale date. Both of the two BEECH TREES 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
2015 23 OCT	£146,000	£124,123	18% above HPI
2014 19 NOV	£134,950	£117,649	15% above HPI

BEECH TREES Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the West Lindsey local authority area over time, sourced from the HPI. The two BEECH TREES sales from November 2014 and October 2015 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 November 2014 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the October 2015 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might BEECH TREES be worth now?

BEECH TREES might now be worth an estimated £219,586.

This is based on house price inflation of 50.4%, between October 2015 and February 2025, for semi-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 50.4% inflationary increase is applied to the most recent sale price for BEECH TREES of £146,000 on 23rd October 2015. For the value to have increased from £146,000 to £219,586 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of BEECH TREES has moved in line with the HPI for semi-detached houses in the West Lindsey local authority area.
• The October 2015 sale price of £146,000 represented a fair market value for the property.
• The size, condition, and specification of BEECH TREES has not materially changed since October 2015.

How Large is BEECH TREES?

BEECH TREES is 98m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the smallest 40% of semi-detached houses houses in Market Rasen, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Market Rasen, and where BEECH TREES lies on this distribution: 38% of semi-detached houses houses are smaller than BEECH TREES, and 61% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

BEECH TREES: Plot and Title Map

BEECH TREES sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of BEECH TREES, 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 TREES). 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 TREES?

BEECH TREES is located on LEGSBY ROAD in MARKET RASEN, in the LN8 postcode district. The below map shows the position of BEECH TREES on LEGSBY ROAD.