8, TURNOR CLOSE, WRAGBY, MARKET RASEN, LN8 5PE - £200,000

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.

8 TURNOR CLOSE is a small detached house of 77m², built sometime between 2003 and 2006, which could now be worth an estimated £256,793. It was last sold for £200,000 in August 2020, which was around 10% below the average August 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.

8 TURNOR CLOSE Sold Prices

Land registry data shows two sales for 8 TURNOR CLOSE 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 TURNOR 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
2020 17 AUG	£200,000	£222,944	10% below HPI
2007 3 APR	£138,500	£189,158	27% below HPI

8 TURNOR 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 two 8 TURNOR CLOSE sales from April 2007 and August 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 April 2007 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the August 2020 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 8 TURNOR CLOSE be worth now?

8 TURNOR CLOSE might now be worth an estimated £256,793.

This is based on house price inflation of 28.4%, between August 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 28.4% inflationary increase is applied to the most recent sale price for 8 TURNOR CLOSE of £200,000 on 17th August 2020. For the value to have increased from £200,000 to £256,793 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 8 TURNOR CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The August 2020 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 8 TURNOR CLOSE has not materially changed since August 2020.

How Large is 8 TURNOR CLOSE?

8 TURNOR CLOSE is 77m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 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 8 TURNOR CLOSE lies on this distribution: 27% of detached houses houses are smaller than 8 TURNOR CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Wragby.

8 TURNOR CLOSE: Plot and Title Map

8 TURNOR CLOSE sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 8 TURNOR 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 8 TURNOR 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 8 TURNOR CLOSE?

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