11 Balmoral Close, Wragby, Market Rasen, LN8 5RN is a freehold detached property built between 1967-1975. The property offers approximately 850 square feet of living space. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £230,051 , which equates to approximately £271 per square foot. It was last sold on 15 Nov 2022 for £238,000. Since then, the value has decreased by £7,949, representing a 3.3% decrease, or approximately 1.1% per year.

The current estimated value of £230,051 is:

  • 7.5% higher than the average property price on Balmoral Close
  • 3.6% higher than the average in the LN8 5RN postcode area
  • and 5.3% higher than the average price for Market Rasen as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 16 April 2022, the property was recorded as owner-occupied.

View sold house prices in LN8 5RN

Building approximate location

About Property

Type
Detached Bungalow
Built
1967-1975
Interior Size
850 sq ft
Tenure
Freehold
Price (estimate)
£230,051
Price Per sq ft (estimate)
£271
Bedroom Count (estimate)
2 bedrooms

EPC Summary

11 Balmoral Close, Wragby, Market Rasen, East Lindsey, Lincolnshire, LN8 5RN has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 16 Apr 2022.

This property uses an oil-fired boiler with radiators as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 14 Jul 2017. The rating of E remains the same, but the energy efficiency score improved by 2.4%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from boiler and radiators, electric to boiler and radiators, oil, improving energy efficiency from very poor to average.
  • The hot water energy efficiency improving from poor to average, while the system remained as from main system.
  • The roof construction or insulation changed from pitched, 200 mm loft insulation to pitched, limited insulation (assumed), changing energy efficiency from good to very poor.
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to cavity wall, as built, no insulation (assumed), changing energy efficiency from good to poor.
  • The lighting was updated from low energy lighting in 23% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor to very good.
Heating Type
Boiler and radiators, oil
Average
Hot Water
From main system
Average
Roof
Pitched, limited insulation (assumed)
Very Poor
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to LN8 5RN

7 th / 16
Price Rank
4% higher than average
3 rd / 13
Size Rank
13% bigger than average
10 th / 13
Price Per Sq FT Rank
9% lower than average

Compared to other properties in LN8 5RN , this bungalow's estimated value ranks 7th out of 16. Based on price per square foot, it ranks 10th out of 13 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 3rd out of 13 properties in its postcode area.

Sale History

Today
£230,051
streetscan.co.uk estimate
-3 %
15 Nov 2022
£238,000
Leasehold
+30.1 %
23 Feb 2018
£183,000
Leasehold
+49.4 %
23 Nov 2012
£122,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 829 sq ft
sale price: £210,000
sale date: 11 Apr 2023
rooms: 5
size: 818 sq ft
sale price: £180,000
sale date: 1 Nov 2019
rooms: 5
size: 775 sq ft
sale price: £125,000
sale date: 11 Apr 2012
rooms: 4
size: 941 sq ft
sale price: £153,000
sale date: 19 Jan 2007

Data Sources

The property at 11 Balmoral Close, Wragby, Market Rasen, LN8 5RN appears three times in the Land Registry records, with the latest transaction recorded on 15 Nov 2022. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Apr 2022. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


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