5, ROPEWALK, WRAGBY, MARKET RASEN, LN8 5YA - £176,000

5 ROPEWALK is a very small detached house of 73m², built sometime between 1983 and 1990. It was last sold for £176,000 in July 2020, which was around 19% below the average July 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

5 ROPEWALK Sold Prices

Land registry data shows two sales for 5 ROPEWALK 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 5 ROPEWALK 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 3 JUL	£176,000	£216,924	19% below HPI
2007 25 JUL	£136,000	£190,636	29% below HPI

5 ROPEWALK 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 5 ROPEWALK sales from July 2007 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 July 2007 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the July 2020 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 5 ROPEWALK?

5 ROPEWALK is 73m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 20% of detached houses in Wragby, based on EPC data. The below chart shows the distribution of detached houses by size in Wragby, and where 5 ROPEWALK lies on this distribution: 18% of detached houses are smaller than 5 ROPEWALK, and 81% of houses are larger. Note that EPC data is not available for all properties in Wragby.

5 ROPEWALK: Plot and Title Map

5 ROPEWALK sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of 5 ROPEWALK, 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 5 ROPEWALK). 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 5 ROPEWALK?

5 ROPEWALK is located in WRAGBY, in the LN8 postcode district. The below map shows the position of No. 5 on ROPEWALK.