OWLS BECK, SHOP LANE, GOULCEBY, LOUTH, LN11 9UW - £178,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

OWLS BECK is a small detached house of 120m², built sometime between 1991 and 1995. It was last sold for £178,000 in September 2014, which was about the average September 2014 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2013, where the current energy rating was E, and the potential energy rating was D.

OWLS BECK Sold Prices

Land registry data shows three sales for OWLS BECK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. The three OWLS BECK sales were a mix of roughly equal to the average price, and 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
2014 30 SEP	£178,000	£177,757	Close to HPI
1999 16 AUG	£87,500	£67,835	29% above HPI
1995 29 MAR	£66,500	£58,321	14% above HPI

OWLS BECK Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The three OWLS BECK sales between March 1995 and September 2014 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 August 1999 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the September 2014 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is OWLS BECK?

OWLS BECK is 120m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 40% of detached houses in Goulceby, based on EPC data. The below chart shows the distribution of detached houses by size in Goulceby, and where OWLS BECK lies on this distribution: 33% of detached houses are smaller than OWLS BECK, and 67% of houses are larger. Note that EPC data is not available for all properties in Goulceby.

OWLS BECK: Plot and Title Map

OWLS BECK sits on a plot of roughly 0.345 of an acre, or 1,396m². The below map shows the location of OWLS BECK, 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 OWLS BECK). 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 OWLS BECK?

OWLS BECK is located on SHOP LANE in GOULCEBY, in the LN11 postcode district. The below map shows the position of OWLS BECK on SHOP LANE.