FAIRWAYS, LOUTH ROAD, WRAGBY, MARKET RASEN, LN8 5LB - £455,000

FAIRWAYS is a very large extended detached house of 184m², built sometime between 1930 and 1949. It was last sold for £455,000 in September 2023, which was around 57% above the average September 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was C.

FAIRWAYS Sold Prices

Land registry data shows three sales for FAIRWAYS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the three FAIRWAYS 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
2023 25 SEP	£455,000	£290,050	57% above HPI
2017 3 NOV	£320,000	£207,429	54% above HPI
2001 14 JUN	£115,000	£82,504	39% above HPI

FAIRWAYS 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 three FAIRWAYS sales between June 2001 and September 2023 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 November 2017 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the September 2023 sale, where it rises to 57% above the HPI. The line then continues to track at 57% above the HPI.

How Large is FAIRWAYS?

FAIRWAYS is 184m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the largest 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 FAIRWAYS lies on this distribution: 96% of detached houses are smaller than FAIRWAYS, and 4% of houses are larger. Note that EPC data is not available for all properties in Wragby.

FAIRWAYS: Plot and Title Map

FAIRWAYS sits on a plot of roughly 0.313 of an acre, or 1,266m². The below map shows the location of FAIRWAYS, 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 FAIRWAYS). 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 FAIRWAYS?

FAIRWAYS is located on LOUTH ROAD in WRAGBY, in the LN8 postcode district. The below map shows the position of FAIRWAYS on LOUTH ROAD.