1, WELL HILL, OTLEY, LS21 3LF - £242,000

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 WELL HILL is a very small detached house of 57m², built sometime between 1991 and 1995, which could now be worth an estimated £255,891. It was last sold for £242,000 in September 2022, which was around 43% below the average September 2022 detached price in the Leeds local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

1 WELL HILL Sold Prices

Land registry data shows four sales for 1 WELL HILL since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Leeds local authority area for the corresponding sale date. All of the four 1 WELL HILL 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
2022 26 SEP	£242,000	£423,416	43% below HPI
1998 14 SEP	£63,950	£101,080	37% below HPI
1997 6 NOV	£60,000	£93,003	35% below HPI
1995 30 JUN	£60,000	£88,207	32% below HPI

1 WELL HILL 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 four 1 WELL HILL sales between June 1995 and September 2022 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 September 1998 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the September 2022 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 1 WELL HILL be worth now?

1 WELL HILL might now be worth an estimated £255,891.

This is based on house price inflation of 5.7%, between September 2022 and March 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 5.7% inflationary increase is applied to the most recent sale price for 1 WELL HILL of £242,000 on 26th September 2022. For the value to have increased from £242,000 to £255,891 over the three years and six months to March 2025, the following assumptions must hold true:

• The value of 1 WELL HILL has moved in line with the HPI for detached houses in the Leeds local authority area.
• The September 2022 sale price of £242,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WELL HILL has not materially changed since September 2022.

How Large is 1 WELL HILL?

1 WELL HILL is 57m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 10% of detached houses houses in Otley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Otley, and where 1 WELL HILL lies on this distribution: 1% of detached houses houses are smaller than 1 WELL HILL, and 98% of houses are larger. Note that EPC data is not available for all properties in Otley.

1 WELL HILL: Plot and Title Map

1 WELL HILL sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 1 WELL HILL, 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 WELL HILL). 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 WELL HILL?

1 WELL HILL is located in OTLEY, in the LS21 postcode district. The below map shows the position of No. 1 on WELL HILL.