THE BECK CLOSE, WASHDYKE LANE, OSGODBY, MARKET RASEN, LN8 3PB - £289,000

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.

THE BECK CLOSE is a small detached house of 102m², built sometime before 1900, which could now be worth an estimated £467,868. It was last sold for £289,000 in December 2009, which was around 61% above the average December 2009 detached price in the West Lindsey local authority area. The most recent EPC inspection was March 2014, where the current energy rating was E, and the potential energy rating was A.

THE BECK CLOSE Sold Prices

Land registry data shows two sales for THE BECK CLOSE 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 THE BECK CLOSE 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 21 DEC	£289,000	£179,820	61% above HPI
2000 15 SEP	£103,000	£78,198	32% above HPI

THE BECK CLOSE 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 THE BECK CLOSE sales from September 2000 and December 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 September 2000 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the December 2009 sale, where it rises to 61% above the HPI. The line then continues to track at 61% above the HPI.

What might THE BECK CLOSE be worth now?

THE BECK CLOSE might now be worth an estimated £467,868.

This is based on house price inflation of 61.9%, between December 2009 and February 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 61.9% inflationary increase is applied to the most recent sale price for THE BECK CLOSE of £289,000 on 21st December 2009. For the value to have increased from £289,000 to £467,868 over the sixteen years and ten months to February 2025, the following assumptions must hold true:

• The value of THE BECK CLOSE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The December 2009 sale price of £289,000 represented a fair market value for the property.
• The size, condition, and specification of THE BECK CLOSE has not materially changed since December 2009.

How Large is THE BECK CLOSE?

THE BECK CLOSE is 102m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 30% of detached houses houses in Osgodby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Osgodby, and where THE BECK CLOSE lies on this distribution: 29% of detached houses houses are smaller than THE BECK CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Osgodby.

THE BECK CLOSE: Plot and Title Map

THE BECK CLOSE sits on a plot of roughly 0.968 of an acre, or 3,919m². The below map shows the location of THE BECK CLOSE, 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 THE BECK CLOSE). 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 THE BECK CLOSE?

THE BECK CLOSE is located on WASHDYKE LANE in OSGODBY, in the LN8 postcode district. The below map shows the position of THE BECK CLOSE on WASHDYKE LANE.