20, ROUTLAND CLOSE, WRAGBY, MARKET RASEN, LN8 5SN - £233,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

20 ROUTLAND CLOSE is a large detached house of 100m², built sometime between 1983 and 1990, which could now be worth an estimated £234,878. It was last sold for £233,000 in October 2022, which was around 18% below the average October 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was C.

20 ROUTLAND CLOSE Sold Prices

Land registry data shows four sales for 20 ROUTLAND CLOSE 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. Most of the four 20 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 28 OCT	£233,000	£283,963	18% below HPI
2007 29 JUN	£150,000	£190,278	21% below HPI
1999 23 JUL	£67,500	£68,586	2% below HPI
1997 11 JUN	£63,000	£60,976	3% above HPI

20 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 four 20 ROUTLAND CLOSE sales between June 1997 and October 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 June 2007 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the October 2022 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 20 ROUTLAND CLOSE be worth now?

20 ROUTLAND CLOSE might now be worth an estimated £234,878.

This is based on house price inflation of 0.8%, between October 2022 and February 2025, for 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 0.8% inflationary increase is applied to the most recent sale price for 20 ROUTLAND CLOSE of £233,000 on 28th October 2022. For the value to have increased from £233,000 to £234,878 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 20 ROUTLAND CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The October 2022 sale price of £233,000 represented a fair market value for the property.
• The size, condition, and specification of 20 ROUTLAND CLOSE has not materially changed since October 2022.

How Large is 20 ROUTLAND CLOSE?

20 ROUTLAND CLOSE is 100m² according to the EPC inspection conducted in August 2022. This puts it in the largest 40% of detached houses houses in Wragby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wragby, and where 20 ROUTLAND CLOSE lies on this distribution: 60% of detached houses houses are smaller than 20 ROUTLAND CLOSE, and 39% of houses are larger. Note that EPC data is not available for all properties in Wragby.

20 ROUTLAND CLOSE: Plot and Title Map

20 ROUTLAND CLOSE sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 20 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 20 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 20 ROUTLAND CLOSE?

20 ROUTLAND CLOSE is located in WRAGBY, in the LN8 postcode district. The below map shows the position of No. 20 on ROUTLAND CLOSE.