25, BALMORAL CLOSE, WRAGBY, MARKET RASEN, LN8 5RN - £135,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

25 BALMORAL CLOSE is a very small extended detached house of 58m², built sometime between 1976 and 1982. It was last sold for £135,000 in June 2018, which was around 36% below the average June 2018 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.

25 BALMORAL CLOSE Sold Prices

Land registry data shows four sales for 25 BALMORAL 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. All of the four 25 BALMORAL 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
2018 14 JUN	£135,000	£210,621	36% below HPI
2003 7 FEB	£96,950	£120,209	19% below HPI
2001 23 MAY	£55,000	£80,623	32% below HPI
2000 17 OCT	£49,950	£75,544	34% below HPI

25 BALMORAL 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 25 BALMORAL CLOSE sales between October 2000 and June 2018 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 February 2003 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the June 2018 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 25 BALMORAL CLOSE?

25 BALMORAL CLOSE is 58m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the smallest 10% of detached houses in Wragby, based on EPC data. The below chart shows the distribution of detached houses by size in Wragby, and where 25 BALMORAL CLOSE lies on this distribution: 4% of detached houses are smaller than 25 BALMORAL CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Wragby.

25 BALMORAL CLOSE: Plot and Title Map

25 BALMORAL CLOSE sits on a plot of roughly 0.063 of an acre, or 257m². The below map shows the location of 25 BALMORAL 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 25 BALMORAL 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 25 BALMORAL CLOSE?

25 BALMORAL CLOSE is located in WRAGBY, in the LN8 postcode district. The below map shows the position of No. 25 on BALMORAL CLOSE.