2, BALMORAL CLOSE, WRAGBY, MARKET RASEN, LN8 5RN - £190,500

2 BALMORAL CLOSE is a very small detached house of 66m², built sometime between 1967 and 1975. It was last sold for £190,500 in June 2021, which was around 20% below the average June 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

2 BALMORAL CLOSE Sold Prices

Land registry data shows two sales for 2 BALMORAL 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 2 BALMORAL 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
2021 30 JUN	£190,500	£238,466	20% below HPI
2018 17 JAN	£175,000	£209,687	17% below HPI

2 BALMORAL 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 2 BALMORAL CLOSE sales from January 2018 and June 2021 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 January 2018 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2021 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 2 BALMORAL CLOSE?

2 BALMORAL CLOSE is 66m² according to the EPC inspection conducted in October 2015. 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 2 BALMORAL CLOSE lies on this distribution: 10% of detached houses are smaller than 2 BALMORAL CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Wragby.

2 BALMORAL CLOSE: Plot and Title Map

2 BALMORAL CLOSE sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 2 BALMORAL 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 2 BALMORAL 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 2 BALMORAL CLOSE?

2 BALMORAL CLOSE is located in WRAGBY, in the LN8 postcode district. The below map shows the position of No. 2 on BALMORAL CLOSE.