4, MANOR DRIVE, WRAGBY, MARKET RASEN, LN8 5SL - £173,000

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.

4 MANOR DRIVE is a very small detached house of 71m², built sometime between 1991 and 1995, which could now be worth an estimated £308,206. It was last sold for £173,000 in February 2012, which was around 8% above the average February 2012 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2013, where the current energy rating was C, and the potential energy rating was B.

4 MANOR DRIVE Sold Prices

Land registry data shows two sales for 4 MANOR DRIVE 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 4 MANOR DRIVE sales were for above 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
2012 16 FEB	£173,000	£160,677	8% above HPI
1998 14 OCT	£69,000	£65,491	5% above HPI

4 MANOR DRIVE 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 4 MANOR DRIVE sales from October 1998 and February 2012 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 October 1998 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the February 2012 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 4 MANOR DRIVE be worth now?

4 MANOR DRIVE might now be worth an estimated £308,206.

This is based on house price inflation of 78.2%, between February 2012 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 78.2% inflationary increase is applied to the most recent sale price for 4 MANOR DRIVE of £173,000 on 16th February 2012. For the value to have increased from £173,000 to £308,206 over the thirteen years to February 2025, the following assumptions must hold true:

• The value of 4 MANOR DRIVE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The February 2012 sale price of £173,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MANOR DRIVE has not materially changed since February 2012.

How Large is 4 MANOR DRIVE?

4 MANOR DRIVE is 71m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 20% 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 4 MANOR DRIVE lies on this distribution: 12% of detached houses houses are smaller than 4 MANOR DRIVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Wragby.

4 MANOR DRIVE: Plot and Title Map

4 MANOR DRIVE sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 4 MANOR DRIVE, 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 4 MANOR DRIVE). 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 4 MANOR DRIVE?

4 MANOR DRIVE is located in WRAGBY, in the LN8 postcode district. The below map shows the position of No. 4 on MANOR DRIVE.