2, FERNDALE CLOSE, WRAGBY, MARKET RASEN, LN8 5QW - £360,000

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.

2 FERNDALE CLOSE is a very large detached house of 123m², built in 2020, which could now be worth an estimated £355,964. It was last sold for £360,000 in January 2025, which was around 25% above the average January 2025 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2021, where the current energy rating was B, and the potential energy rating was B.

2 FERNDALE CLOSE Sold Prices

Land registry data shows two sales for 2 FERNDALE 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 FERNDALE CLOSE 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
2025 17 JAN	£360,000	£288,113	25% above HPI
2021 28 MAY	£325,000	£238,707	36% above HPI

2 FERNDALE 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 FERNDALE CLOSE sales from May 2021 and January 2025 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 May 2021 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the January 2025 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 2 FERNDALE CLOSE be worth now?

2 FERNDALE CLOSE might now be worth an estimated £355,964.

This is based on house price deflation of 1.1%, between January 2025 and March 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 1.1% deflationary decrease is applied to the most recent sale price for 2 FERNDALE CLOSE of £360,000 on 17th January 2025. For the value to have decreased from £360,000 to £355,964 over the ten months to March 2025, the following assumptions must hold true:

• The value of 2 FERNDALE CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The January 2025 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FERNDALE CLOSE has not materially changed since January 2025.

How Large is 2 FERNDALE CLOSE?

2 FERNDALE CLOSE is 123m² according to the EPC inspection conducted in May 2021. This puts it in the largest 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 2 FERNDALE CLOSE lies on this distribution: 83% of detached houses houses are smaller than 2 FERNDALE CLOSE, and 17% of houses are larger. Note that EPC data is not available for all properties in Wragby.

2 FERNDALE CLOSE: Plot and Title Map

2 FERNDALE CLOSE sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of 2 FERNDALE 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 FERNDALE 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 FERNDALE CLOSE?

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