12A, ROUTLAND CLOSE, WRAGBY, MARKET RASEN, LN8 5SN - £230,000

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

12A ROUTLAND CLOSE is a small extended detached house of 82m², built sometime between 1996 and 2002. It was last sold for £230,000 in June 2022, which was around 16% below the average June 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was C.

12A ROUTLAND CLOSE Sold Prices

Land registry data shows five sales for 12A ROUTLAND CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the five 12A ROUTLAND CLOSE 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
2022 16 JUN	£230,000	£273,704	16% below HPI
2022 28 JAN	£210,000	£266,197	21% below HPI
2011 2 FEB	£141,000	£159,181	11% below HPI
2008 25 JAN	£179,000	£183,372	2% below HPI
1999 20 AUG	£67,000	£67,835	1% below HPI

12A ROUTLAND 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 five 12A ROUTLAND CLOSE sales between August 1999 and June 2022 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 January 2022 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the June 2022 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 12A ROUTLAND CLOSE?

12A ROUTLAND CLOSE is 82m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the smallest 40% of detached houses in Wragby, based on EPC data. The below chart shows the distribution of detached houses by size in Wragby, and where 12A ROUTLAND CLOSE lies on this distribution: 32% of detached houses are smaller than 12A ROUTLAND CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Wragby.

12A ROUTLAND CLOSE: Plot and Title Map

12A ROUTLAND CLOSE sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of 12A ROUTLAND 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 12A ROUTLAND 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 12A ROUTLAND CLOSE?

12A ROUTLAND CLOSE is located in WRAGBY, in the LN8 postcode district. The below map shows the position of No. 12A on ROUTLAND CLOSE.