1, SANDRINGHAM DRIVE, WRAGBY, MARKET RASEN, LN8 5RL - £212,000

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.

1 SANDRINGHAM DRIVE is a very small detached house of 73m², built sometime between 1967 and 1975, which could now be worth an estimated £275,736. It was last sold for £212,000 in July 2020, which was around 4% below the average July 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was C.

1 SANDRINGHAM DRIVE Sold Prices

Land registry data shows three sales for 1 SANDRINGHAM DRIVE 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 1 SANDRINGHAM DRIVE 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 8 JUL	£212,000	£220,085	4% below HPI
2016 23 DEC	£155,000	£200,244	23% below HPI
2000 12 SEP	£56,000	£76,679	27% below HPI

1 SANDRINGHAM 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 three 1 SANDRINGHAM DRIVE sales between September 2000 and July 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 December 2016 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the July 2020 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 1 SANDRINGHAM DRIVE be worth now?

1 SANDRINGHAM DRIVE might now be worth an estimated £275,736.

This is based on house price inflation of 30.1%, between July 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 30.1% inflationary increase is applied to the most recent sale price for 1 SANDRINGHAM DRIVE of £212,000 on 8th July 2020. For the value to have increased from £212,000 to £275,736 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 1 SANDRINGHAM DRIVE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The July 2020 sale price of £212,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SANDRINGHAM DRIVE has not materially changed since July 2020.

How Large is 1 SANDRINGHAM DRIVE?

1 SANDRINGHAM DRIVE is 73m² according to the EPC inspection conducted in August 2019. 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 1 SANDRINGHAM DRIVE lies on this distribution: 20% of detached houses houses are smaller than 1 SANDRINGHAM DRIVE, and 79% of houses are larger. Note that EPC data is not available for all properties in Wragby.

1 SANDRINGHAM DRIVE: Plot and Title Map

1 SANDRINGHAM DRIVE sits on a plot of roughly 0.108 of an acre, or 437m². The below map shows the location of 1 SANDRINGHAM 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 1 SANDRINGHAM 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 1 SANDRINGHAM DRIVE?

1 SANDRINGHAM DRIVE is located in WRAGBY, in the LN8 postcode district. The below map shows the position of No. 1 on SANDRINGHAM DRIVE.