8, ROPEWALK, WRAGBY, MARKET RASEN, LN8 5YA - £119,000

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

8 ROPEWALK is a very small detached house of 59m², built sometime between 1991 and 1995. It was last sold for £119,000 in February 2010, which was around 28% below the average February 2010 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was C.

8 ROPEWALK Sold Prices

Land registry data shows two sales for 8 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 8 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
2010 10 FEB	£119,000	£165,476	28% below HPI
2002 12 DEC	£85,950	£117,463	27% below HPI

8 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 8 ROPEWALK sales from December 2002 and February 2010 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 December 2002 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the February 2010 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 8 ROPEWALK?

8 ROPEWALK is 59m² according to the EPC inspection conducted in March 2009. 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 8 ROPEWALK lies on this distribution: 6% of detached houses are smaller than 8 ROPEWALK, and 94% of houses are larger. Note that EPC data is not available for all properties in Wragby.

8 ROPEWALK: Plot and Title Map

8 ROPEWALK sits on a plot of roughly 0.110 of an acre, or 446m². The below map shows the location of 8 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 8 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 8 ROPEWALK?

8 ROPEWALK is located in WRAGBY, in the LN8 postcode district. The below map shows the position of No. 8 on ROPEWALK.