1, PEARSON PLACE, YORK, YO31 0WE - £270,000

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.

1 PEARSON PLACE is a small detached house of 84m², which could now be worth an estimated £320,105. It was last sold for £270,000 in February 2020, which was around 35% below the average February 2020 detached price in the York local authority area. The most recent EPC inspection was June 2018, where the current energy rating was B, and the potential energy rating was A.

1 PEARSON PLACE Sold Prices

Land registry data shows two sales for 1 PEARSON PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the York local authority area for the corresponding sale date. Both of the two 1 PEARSON PLACE 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 20 FEB	£270,000	£413,305	35% below HPI
2018 29 JUN	£277,995	£401,546	31% below HPI

1 PEARSON PLACE Price Paid vs. HPI Average

The below graph shows the average detached house price in the York local authority area over time, sourced from the HPI. The two 1 PEARSON PLACE sales from June 2018 and February 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 June 2018 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the February 2020 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 1 PEARSON PLACE be worth now?

1 PEARSON PLACE might now be worth an estimated £320,105.

This is based on house price inflation of 18.6%, between February 2020 and February 2025, for detached houses, in the York local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.6% inflationary increase is applied to the most recent sale price for 1 PEARSON PLACE of £270,000 on 20th February 2020. For the value to have increased from £270,000 to £320,105 over the five years to February 2025, the following assumptions must hold true:

• The value of 1 PEARSON PLACE has moved in line with the HPI for detached houses in the York local authority area.
• The February 2020 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 1 PEARSON PLACE has not materially changed since February 2020.

How Large is 1 PEARSON PLACE?

1 PEARSON PLACE is 84m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 30% of detached houses houses in York, based on EPC data. The below chart shows the distribution of detached houses houses by size in York, and where 1 PEARSON PLACE lies on this distribution: 22% of detached houses houses are smaller than 1 PEARSON PLACE, and 77% of houses are larger. Note that EPC data is not available for all properties in York.

1 PEARSON PLACE: Plot and Title Map

1 PEARSON PLACE sits on a plot of roughly 0.049 of an acre, or 198m². The below map shows the location of 1 PEARSON PLACE, 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 PEARSON PLACE). 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 PEARSON PLACE?

1 PEARSON PLACE is located in YORK, in the YO31 postcode district. The below map shows the position of No. 1 on PEARSON PLACE.