10, THE CLOSE, MARKET WEIGHTON, YORK, YO43 3QW - £155,000

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

10 THE CLOSE is a very small detached house of 53m², built sometime between 1996 and 2002, which could now be worth an estimated £232,419. It was last sold for £155,000 in November 2014, which was around 30% below the average November 2014 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

10 THE CLOSE Sold Prices

Land registry data shows two sales for 10 THE 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 East Riding of Yorkshire local authority area for the corresponding sale date. Both of the two 10 THE CLOSE 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
2014 20 NOV	£155,000	£221,264	30% below HPI
1998 27 AUG	£58,950	£81,218	27% below HPI

10 THE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Riding of Yorkshire local authority area over time, sourced from the HPI. The two 10 THE CLOSE sales from August 1998 and November 2014 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 August 1998 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the November 2014 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 10 THE CLOSE be worth now?

10 THE CLOSE might now be worth an estimated £232,419.

This is based on house price inflation of 49.9%, between November 2014 and December 2024, for detached houses, in the East Riding of Yorkshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 49.9% inflationary increase is applied to the most recent sale price for 10 THE CLOSE of £155,000 on 20th November 2014. For the value to have increased from £155,000 to £232,419 over the nine years and eleven months to December 2024, the following assumptions must hold true:

• The value of 10 THE CLOSE has moved in line with the HPI for detached houses in the East Riding of Yorkshire local authority area.
• The November 2014 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 10 THE CLOSE has not materially changed since November 2014.

How Large is 10 THE CLOSE?

10 THE CLOSE is 53m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 10% of detached houses houses in Market Weighton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Market Weighton, and where 10 THE CLOSE lies on this distribution: 1% of detached houses houses are smaller than 10 THE CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Market Weighton.

10 THE CLOSE: Plot and Title Map

10 THE CLOSE sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 10 THE 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 10 THE 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 10 THE CLOSE?

10 THE CLOSE is located in MARKET WEIGHTON, in the YO43 postcode district. The below map shows the position of No. 10 on THE CLOSE.