3, SANDRINGHAM DRIVE, WRAGBY, MARKET RASEN, LN8 5RL - £135,000

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.

3 SANDRINGHAM DRIVE is a very small detached house of 72m², built sometime between 1976 and 1982, which could now be worth an estimated £236,105. It was last sold for £135,000 in March 2013, which was around 18% below the average March 2013 detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2012, where the current energy rating was F, and the potential energy rating was D.

3 SANDRINGHAM DRIVE Sold Prices

Land registry data shows two sales for 3 SANDRINGHAM DRIVE 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 3 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
2013 18 MAR	£135,000	£163,673	18% below HPI
2010 29 MAR	£136,000	£171,448	21% below HPI

3 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 two 3 SANDRINGHAM DRIVE sales from March 2010 and March 2013 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 March 2010 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the March 2013 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 3 SANDRINGHAM DRIVE be worth now?

3 SANDRINGHAM DRIVE might now be worth an estimated £236,105.

This is based on house price inflation of 74.9%, between March 2013 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 74.9% inflationary increase is applied to the most recent sale price for 3 SANDRINGHAM DRIVE of £135,000 on 18th March 2013. For the value to have increased from £135,000 to £236,105 over the twelve years and one month to February 2025, the following assumptions must hold true:

• The value of 3 SANDRINGHAM DRIVE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The March 2013 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SANDRINGHAM DRIVE has not materially changed since March 2013.

How Large is 3 SANDRINGHAM DRIVE?

3 SANDRINGHAM DRIVE is 72m² according to the EPC inspection conducted in April 2012. 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 3 SANDRINGHAM DRIVE lies on this distribution: 14% of detached houses houses are smaller than 3 SANDRINGHAM DRIVE, and 81% of houses are larger. Note that EPC data is not available for all properties in Wragby.

3 SANDRINGHAM DRIVE: Plot and Title Map

3 SANDRINGHAM DRIVE sits on a plot of roughly 0.102 of an acre, or 411m². The below map shows the location of 3 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 3 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 3 SANDRINGHAM DRIVE?

3 SANDRINGHAM DRIVE is located in WRAGBY, in the LN8 postcode district. The below map shows the position of No. 3 on SANDRINGHAM DRIVE.