FAIRWAYS, LOUTH ROAD, WRAGBY, MARKET RASEN, LN8 5LB - £455,000

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.

FAIRWAYS is a very large extended detached house of 184m², built sometime between 1930 and 1949, which could now be worth an estimated £455,089. It was last sold for £455,000 in September 2023, which was around 59% above the average September 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was C.

FAIRWAYS Sold Prices

Land registry data shows three sales for FAIRWAYS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the three FAIRWAYS 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
2023 25 SEP	£455,000	£286,196	59% above HPI
2017 3 NOV	£320,000	£210,451	52% above HPI
2001 14 JUN	£115,000	£83,707	37% above HPI

FAIRWAYS 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 three FAIRWAYS sales between June 2001 and September 2023 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 November 2017 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the September 2023 sale, where it rises to 59% above the HPI. The line then continues to track at 59% above the HPI.

What might FAIRWAYS be worth now?

FAIRWAYS might now be worth an estimated £455,089.

This is based on house price inflation of 0%, between September 2023 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 0% inflationary increase is applied to the most recent sale price for FAIRWAYS of £455,000 on 25th September 2023. For the value to have increased from £455,000 to £455,089 over the two years and seven months to February 2025, the following assumptions must hold true:

• The value of FAIRWAYS has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The September 2023 sale price of £455,000 represented a fair market value for the property.
• The size, condition, and specification of FAIRWAYS has not materially changed since September 2023.

How Large is FAIRWAYS?

FAIRWAYS is 184m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the largest 10% 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 FAIRWAYS lies on this distribution: 96% of detached houses houses are smaller than FAIRWAYS, and 4% of houses are larger. Note that EPC data is not available for all properties in Wragby.

FAIRWAYS: Plot and Title Map

FAIRWAYS sits on a plot of roughly 0.313 of an acre, or 1,266m². The below map shows the location of FAIRWAYS, 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 FAIRWAYS). 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 FAIRWAYS?

FAIRWAYS is located on LOUTH ROAD in WRAGBY, in the LN8 postcode district. The below map shows the position of FAIRWAYS on LOUTH ROAD.