21, ROPEWALK, WRAGBY, MARKET RASEN, LN8 5YA - £185,000

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

21 ROPEWALK is a midsized extended detached house of 89m², built sometime between 1983 and 1990. It was last sold for £185,000 in September 2017, which was around 12% below the average September 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was C.

21 ROPEWALK Sold Prices

Land registry data shows two sales for 21 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 21 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
2017 8 SEP	£185,000	£210,398	12% below HPI
2014 12 AUG	£120,000	£174,797	31% below HPI

21 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 21 ROPEWALK sales from August 2014 and September 2017 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 2014 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the September 2017 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 21 ROPEWALK?

21 ROPEWALK is 89m², which includes one extension, according to the EPC inspection conducted in June 2017. 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 21 ROPEWALK lies on this distribution: 43% of detached houses are smaller than 21 ROPEWALK, and 55% of houses are larger. Note that EPC data is not available for all properties in Wragby.

21 ROPEWALK: Plot and Title Map

21 ROPEWALK sits on a plot of roughly 0.182 of an acre, or 737m². The below map shows the location of 21 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 21 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 21 ROPEWALK?

21 ROPEWALK is located in WRAGBY, in the LN8 postcode district. The below map shows the position of No. 21 on ROPEWALK.