17, ROUTLAND CLOSE, WRAGBY, MARKET RASEN, LN8 5SN - £160,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

17 ROUTLAND CLOSE is a very small semi-detached house of 56m², built sometime between 1996 and 2002, which could now be worth an estimated £166,213. It was last sold for £160,000 in August 2022, which was around 14% below the average August 2022 semi-detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

17 ROUTLAND CLOSE Sold Prices

Land registry data shows four sales for 17 ROUTLAND CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the East Lindsey local authority area for the corresponding sale date. Most of the four 17 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 23 AUG	£160,000	£185,418	14% below HPI
2009 5 AUG	£96,000	£112,874	15% below HPI
2009 21 JAN	£78,000	£111,445	30% below HPI
1999 13 AUG	£44,500	£43,184	3% above HPI

17 ROUTLAND CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Lindsey local authority area over time, sourced from the HPI. The four 17 ROUTLAND CLOSE sales between August 1999 and August 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 August 2009 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2022 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 17 ROUTLAND CLOSE be worth now?

17 ROUTLAND CLOSE might now be worth an estimated £166,213.

This is based on house price inflation of 3.9%, between August 2022 and December 2024, for semi-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 3.9% inflationary increase is applied to the most recent sale price for 17 ROUTLAND CLOSE of £160,000 on 23rd August 2022. For the value to have increased from £160,000 to £166,213 over the one year and eight months to December 2024, the following assumptions must hold true:

• The value of 17 ROUTLAND CLOSE has moved in line with the HPI for semi-detached houses in the East Lindsey local authority area.
• The August 2022 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 17 ROUTLAND CLOSE has not materially changed since August 2022.

How Large is 17 ROUTLAND CLOSE?

17 ROUTLAND CLOSE is 56m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 10% of semi-detached houses houses in Wragby, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wragby, and where 17 ROUTLAND CLOSE lies on this distribution: 1% of semi-detached houses houses are smaller than 17 ROUTLAND CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Wragby.

17 ROUTLAND CLOSE: Plot and Title Map

17 ROUTLAND CLOSE sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 17 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 17 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 17 ROUTLAND CLOSE?

17 ROUTLAND CLOSE is located in WRAGBY, in the LN8 postcode district. The below map shows the position of No. 17 on ROUTLAND CLOSE.