6, ROUTLAND CLOSE, WRAGBY, MARKET RASEN, LN8 5SN - £208,720

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.

6 ROUTLAND CLOSE is a large extended detached house of 113m², built sometime between 1991 and 1995, which could now be worth an estimated £263,913. It was last sold for £208,720 in October 2020, which was around 8% below the average October 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was C.

6 ROUTLAND CLOSE Sold Prices

Land registry data shows four sales for 6 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. two of the four 6 ROUTLAND CLOSE sales were for below the average price, and four 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
2020 20 OCT	£208,720	£226,387	8% below HPI
2020 28 FEB	£183,000	£215,333	15% below HPI
2002 3 SEP	£127,000	£112,806	13% above HPI
1996 4 OCT	£79,850	£58,417	37% above HPI

6 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 6 ROUTLAND CLOSE sales between October 1996 and October 2020 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 2020 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2020 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 6 ROUTLAND CLOSE be worth now?

6 ROUTLAND CLOSE might now be worth an estimated £263,913.

This is based on house price inflation of 26.4%, between October 2020 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 26.4% inflationary increase is applied to the most recent sale price for 6 ROUTLAND CLOSE of £208,720 on 20th October 2020. For the value to have increased from £208,720 to £263,913 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 6 ROUTLAND CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The October 2020 sale price of £208,720 represented a fair market value for the property.
• The size, condition, and specification of 6 ROUTLAND CLOSE has not materially changed since October 2020.

How Large is 6 ROUTLAND CLOSE?

6 ROUTLAND CLOSE is 113m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the largest 30% 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 6 ROUTLAND CLOSE lies on this distribution: 72% of detached houses houses are smaller than 6 ROUTLAND CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Wragby.

6 ROUTLAND CLOSE: Plot and Title Map

6 ROUTLAND CLOSE sits on a plot of roughly 0.145 of an acre, or 585m². The below map shows the location of 6 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 6 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 6 ROUTLAND CLOSE?

6 ROUTLAND CLOSE is located in WRAGBY, in the LN8 postcode district. The below map shows the position of No. 6 on ROUTLAND CLOSE.