1, FERNDALE CLOSE, WRAGBY, MARKET RASEN, LN8 5QW - £327,500

1 FERNDALE CLOSE is a very large detached house of 128m², built in 2020. It was last sold for £327,500 in August 2021, which was around 34% above the average August 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2021, where the current energy rating was B, and the potential energy rating was B.

1 FERNDALE CLOSE Sold Prices

Land registry data shows two sales for 1 FERNDALE 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 East Lindsey local authority area for the corresponding sale date. One of the two 1 FERNDALE CLOSE sales was for above the average price, whilst the other was for below 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
2021 13 AUG	£327,500	£243,899	34% above HPI
2018 22 NOV	£125,000	£217,913	43% below HPI

1 FERNDALE CLOSE 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 two 1 FERNDALE CLOSE sales from November 2018 and August 2021 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 2018 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the August 2021 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

How Large is 1 FERNDALE CLOSE?

1 FERNDALE CLOSE is 128m² according to the EPC inspection conducted in May 2021. This puts it in the largest 20% of detached houses in Wragby, based on EPC data. The below chart shows the distribution of detached houses by size in Wragby, and where 1 FERNDALE CLOSE lies on this distribution: 82% of detached houses are smaller than 1 FERNDALE CLOSE, and 17% of houses are larger. Note that EPC data is not available for all properties in Wragby.

1 FERNDALE CLOSE: Plot and Title Map

1 FERNDALE CLOSE sits on a plot of roughly 0.128 of an acre, or 516m². The below map shows the location of 1 FERNDALE 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 1 FERNDALE 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 1 FERNDALE CLOSE?

1 FERNDALE CLOSE is located in WRAGBY, in the LN8 postcode district. The below map shows the position of No. 1 on FERNDALE CLOSE.