29, BALMORAL CLOSE, WRAGBY, MARKET RASEN, LN8 5RN - £180,000

29 BALMORAL CLOSE is a small detached house of 76m², built sometime between 1967 and 1975. It was last sold for £180,000 in November 2019, which was around 20% below the average November 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2019, where the current energy rating was E, and the potential energy rating was C.

29 BALMORAL CLOSE Sold Prices

Land registry data shows four sales for 29 BALMORAL CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the four 29 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
2019 1 NOV	£180,000	£225,476	20% below HPI
2004 28 JAN	£130,000	£144,067	10% below HPI
1999 26 FEB	£54,500	£64,275	15% below HPI
1995 30 JUN	£49,950	£54,261	8% below HPI

29 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 four 29 BALMORAL CLOSE sales between June 1995 and November 2019 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 2004 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2019 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 29 BALMORAL CLOSE?

29 BALMORAL CLOSE is 76m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 30% of detached houses in Wragby, based on EPC data. The below chart shows the distribution of detached houses by size in Wragby, and where 29 BALMORAL CLOSE lies on this distribution: 22% of detached houses are smaller than 29 BALMORAL CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Wragby.

29 BALMORAL CLOSE: Plot and Title Map

29 BALMORAL CLOSE sits on a plot of roughly 0.116 of an acre, or 469m². The below map shows the location of 29 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 29 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 29 BALMORAL CLOSE?

29 BALMORAL CLOSE is located in WRAGBY, in the LN8 postcode district. The below map shows the position of No. 29 on BALMORAL CLOSE.