11, ROPEWALK, WRAGBY, MARKET RASEN, LN8 5YA - £260,000

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

11 ROPEWALK is a small detached house of 78m², built sometime between 1996 and 2002. It was last sold for £260,000 in September 2023, which was around 8% below the average September 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was C.

11 ROPEWALK Sold Prices

Land registry data shows four sales for 11 ROPEWALK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the four 11 ROPEWALK sales were 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
2023 22 SEP	£260,000	£282,975	8% below HPI
2017 11 OCT	£144,000	£209,258	31% below HPI
2009 12 JUN	£121,000	£161,919	25% below HPI
2008 11 JAN	£143,151	£183,372	22% below HPI

11 ROPEWALK 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 four 11 ROPEWALK sales between January 2008 and September 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 October 2017 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the September 2023 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 11 ROPEWALK?

11 ROPEWALK is 78m² according to the EPC inspection conducted in June 2023. This puts it in the smallest 30% of detached houses in Wragby, based on EPC data. The below chart shows the distribution of detached houses by size in Wragby, and where 11 ROPEWALK lies on this distribution: 27% of detached houses are smaller than 11 ROPEWALK, and 72% of houses are larger. Note that EPC data is not available for all properties in Wragby.

11 ROPEWALK: Plot and Title Map

11 ROPEWALK sits on a plot of roughly 0.147 of an acre, or 594m². The below map shows the location of 11 ROPEWALK, 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 11 ROPEWALK). 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 11 ROPEWALK?

11 ROPEWALK is located in WRAGBY, in the LN8 postcode district. The below map shows the position of No. 11 on ROPEWALK.