THE BEECHES, HORNCASTLE ROAD, GOULCEBY, LOUTH, LN11 9WB - £900,000

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 BEECHES is a very large extended detached house of 226m², built sometime between 1991 and 1995, which could now be worth an estimated £898,964. It was last sold for £900,000 in March 2023, which was around 214% above the average March 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.

THE BEECHES Sold Prices

Land registry data shows three sales for THE BEECHES 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. All of the three THE BEECHES 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
2023 23 MAR	£900,000	£286,582	214% above HPI
2019 1 MAY	£580,000	£219,835	164% above HPI
2001 1 OCT	£245,000	£90,279	171% above HPI

THE BEECHES 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 THE BEECHES sales between October 2001 and March 2023 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 May 2019 sale was for 164% above the HPI. So the extrapolation line tracks at 164% above the HPI over time, until the March 2023 sale, where it rises to 214% above the HPI. The line then continues to track at 214% above the HPI.

What might THE BEECHES be worth now?

THE BEECHES might now be worth an estimated £898,964.

This is based on house price deflation of 0.1%, between March 2023 and February 2025, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.1% deflationary decrease is applied to the most recent sale price for THE BEECHES of £900,000 on 23rd March 2023. For the value to have decreased from £900,000 to £898,964 over the two years and one month to February 2025, the following assumptions must hold true:

• The value of THE BEECHES has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The March 2023 sale price of £900,000 represented a fair market value for the property.
• The size, condition, and specification of THE BEECHES has not materially changed since March 2023.

How Large is THE BEECHES?

THE BEECHES is 226m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the largest 20% of detached houses houses in Goulceby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Goulceby, and where THE BEECHES lies on this distribution: 84% of detached houses houses are smaller than THE BEECHES, and 16% of houses are larger. Note that EPC data is not available for all properties in Goulceby.

THE BEECHES: Plot and Title Map

THE BEECHES sits on a plot of roughly 3.4 acres, or 13,887m². The below map shows the location of THE BEECHES, 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 BEECHES). 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 BEECHES?

THE BEECHES is located on HORNCASTLE ROAD in GOULCEBY, in the LN11 postcode district. The below map shows the position of THE BEECHES on HORNCASTLE ROAD.