16, ROPEWALK, WRAGBY, MARKET RASEN, LN8 5YA - £146,000

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

16 ROPEWALK is a midsized detached house of 87m², built sometime between 1983 and 1990. It was last sold for £146,000 in August 2013, which was around 12% below the average August 2013 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2011, where the current energy rating was E, and the potential energy rating was D.

16 ROPEWALK Sold Prices

Land registry data shows two sales for 16 ROPEWALK 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. Both of the two 16 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
2013 6 AUG	£146,000	£165,486	12% below HPI
1999 20 AUG	£58,000	£67,835	14% below HPI

16 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 two 16 ROPEWALK sales from August 1999 and August 2013 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 August 1999 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2013 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 16 ROPEWALK?

16 ROPEWALK is 87m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 50% of detached houses in Wragby, based on EPC data. The below chart shows the distribution of detached houses by size in Wragby, and where 16 ROPEWALK lies on this distribution: 41% of detached houses are smaller than 16 ROPEWALK, and 59% of houses are larger. Note that EPC data is not available for all properties in Wragby.

16 ROPEWALK: Plot and Title Map

16 ROPEWALK sits on a plot of roughly 0.149 of an acre, or 601m². The below map shows the location of 16 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 16 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 16 ROPEWALK?

16 ROPEWALK is located in WRAGBY, in the LN8 postcode district. The below map shows the position of No. 16 on ROPEWALK.