15, PALMES CLOSE, NABURN, YORK, YO19 4RZ - £140,000

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

15 PALMES CLOSE is a very small detached house of 102m², built sometime between 1983 and 1990, which could now be worth an estimated £481,063. It was last sold for £140,000 in March 2001, which was around 2% below the average March 2001 detached price in the York local authority area. The most recent EPC inspection was June 2020, where the current energy rating was E, and the potential energy rating was C.

15 PALMES CLOSE Sold Prices

Land registry data shows two sales for 15 PALMES 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 York local authority area for the corresponding sale date. Both of the two 15 PALMES 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
2001 23 MAR	£140,000	£142,602	2% below HPI
1996 12 APR	£89,950	£91,757	2% below HPI

15 PALMES CLOSE 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 15 PALMES CLOSE sales from April 1996 and March 2001 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 1996 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the March 2001 sale, which was also at 2% below the HPI.

What might 15 PALMES CLOSE be worth now?

15 PALMES CLOSE might now be worth an estimated £481,063.

This is based on house price inflation of 243.6%, between March 2001 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 243.6% inflationary increase is applied to the most recent sale price for 15 PALMES CLOSE of £140,000 on 23rd March 2001. For the value to have increased from £140,000 to £481,063 over the 24 years and one month to February 2025, the following assumptions must hold true:

• The value of 15 PALMES CLOSE has moved in line with the HPI for detached houses in the York local authority area.
• The March 2001 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 15 PALMES CLOSE has not materially changed since March 2001.

How Large is 15 PALMES CLOSE?

15 PALMES CLOSE is 102m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 20% of detached houses houses in Naburn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Naburn, and where 15 PALMES CLOSE lies on this distribution: 15% of detached houses houses are smaller than 15 PALMES CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Naburn.

15 PALMES CLOSE: Plot and Title Map

15 PALMES CLOSE sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 15 PALMES 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 15 PALMES 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 15 PALMES CLOSE?

15 PALMES CLOSE is located in NABURN, in the YO19 postcode district. The below map shows the position of No. 15 on PALMES CLOSE.