Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
15 SCHOOL LANE is a small detached house of 93m², built sometime between 1976 and 1982. It was last sold for £320,000 in January 2022, which was around 16% below the average January 2022 detached price in the North Yorkshire local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 15 SCHOOL LANE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Yorkshire local authority area for the corresponding sale date. Both of the two 15 SCHOOL LANE 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 21 JAN | £320,000 | £381,314 | 16% below HPI |
2018 24 SEP | £235,000 | £330,773 | 29% below HPI |
The below graph shows the average detached house price in the North Yorkshire local authority area over time, sourced from the HPI. The two 15 SCHOOL LANE sales from September 2018 and January 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 2018 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the January 2022 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.
15 SCHOOL LANE is 93m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 30% of detached houses in South Milford, based on EPC data. The below chart shows the distribution of detached houses by size in South Milford, and where 15 SCHOOL LANE lies on this distribution: 26% of detached houses are smaller than 15 SCHOOL LANE, and 74% of houses are larger. Note that EPC data is not available for all properties in South Milford.
15 SCHOOL LANE sits on a plot of roughly 0.085 of an acre, or 342m². The below map shows the location of 15 SCHOOL LANE, 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 SCHOOL LANE). 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.
15 SCHOOL LANE is located in SOUTH MILFORD, in the LS25 postcode district. The below map shows the position of No. 15 on SCHOOL LANE.