1, NICHOLS CLOSE, WETHERBY, LS22 6GQ - £547,400

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 NICHOLS CLOSE is a large detached house of 133m², built sometime between 1983 and 1990, which could now be worth an estimated £769,223. It was last sold for £547,400 in December 2017, which was around 71% above the average December 2017 detached price in the Leeds local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was B.

1 NICHOLS CLOSE Sold Prices

Land registry data shows two sales for 1 NICHOLS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Leeds local authority area for the corresponding sale date. Both of the two 1 NICHOLS CLOSE 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
2017 21 DEC	£547,400	£319,687	71% above HPI
2010 23 APR	£400,000	£250,889	59% above HPI

1 NICHOLS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Leeds local authority area over time, sourced from the HPI. The two 1 NICHOLS CLOSE sales from April 2010 and December 2017 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 April 2010 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the December 2017 sale, where it rises to 71% above the HPI. The line then continues to track at 71% above the HPI.

What might 1 NICHOLS CLOSE be worth now?

1 NICHOLS CLOSE might now be worth an estimated £769,223.

This is based on house price inflation of 40.5%, between December 2017 and February 2025, for detached houses, in the Leeds local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 40.5% inflationary increase is applied to the most recent sale price for 1 NICHOLS CLOSE of £547,400 on 21st December 2017. For the value to have increased from £547,400 to £769,223 over the eight years and ten months to February 2025, the following assumptions must hold true:

• The value of 1 NICHOLS CLOSE has moved in line with the HPI for detached houses in the Leeds local authority area.
• The December 2017 sale price of £547,400 represented a fair market value for the property.
• The size, condition, and specification of 1 NICHOLS CLOSE has not materially changed since December 2017.

How Large is 1 NICHOLS CLOSE?

1 NICHOLS CLOSE is 133m² according to the EPC inspection conducted in October 2017. This puts it in the largest 40% of detached houses houses in Wetherby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wetherby, and where 1 NICHOLS CLOSE lies on this distribution: 61% of detached houses houses are smaller than 1 NICHOLS CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Wetherby.

1 NICHOLS CLOSE: Plot and Title Map

1 NICHOLS CLOSE sits on a plot of roughly 0.126 of an acre, or 510m². The below map shows the location of 1 NICHOLS 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 1 NICHOLS 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 1 NICHOLS CLOSE?

1 NICHOLS CLOSE is located in WETHERBY, in the LS22 postcode district. The below map shows the position of No. 1 on NICHOLS CLOSE.