16, THE BALES, SOUTH MILFORD, LEEDS, LS25 5GG - £360,000

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.

16 THE BALES is a large detached house of 137m², built sometime between 2007 and 2011, which could now be worth an estimated £379,186. It was last sold for £360,000 in May 2022, which was around 13% below the average May 2022 detached price in the North Yorkshire local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

16 THE BALES Sold Prices

Land registry data shows three sales for 16 THE BALES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Yorkshire local authority area for the corresponding sale date. All of the three 16 THE BALES 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 20 MAY	£360,000	£412,128	13% below HPI
2014 21 OCT	£232,000	£301,172	23% below HPI
2007 21 DEC	£269,995	£305,591	12% below HPI

16 THE BALES Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Yorkshire local authority area over time, sourced from the HPI. The three 16 THE BALES sales between December 2007 and May 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 October 2014 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the May 2022 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 16 THE BALES be worth now?

16 THE BALES might now be worth an estimated £379,186.

This is based on house price inflation of 5.3%, between May 2022 and February 2025, for detached houses, in the North Yorkshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.3% inflationary increase is applied to the most recent sale price for 16 THE BALES of £360,000 on 20th May 2022. For the value to have increased from £360,000 to £379,186 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 16 THE BALES has moved in line with the HPI for detached houses in the North Yorkshire local authority area.
• The May 2022 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 16 THE BALES has not materially changed since May 2022.

How Large is 16 THE BALES?

16 THE BALES is 137m² according to the EPC inspection conducted in November 2021. This puts it in the largest 40% of detached houses houses in South Milford, based on EPC data. The below chart shows the distribution of detached houses houses by size in South Milford, and where 16 THE BALES lies on this distribution: 67% of detached houses houses are smaller than 16 THE BALES, and 33% of houses are larger. Note that EPC data is not available for all properties in South Milford.

16 THE BALES: Plot and Title Map

16 THE BALES sits on a plot of roughly 0.085 of an acre, or 346m². The below map shows the location of 16 THE BALES, 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 16 THE BALES). 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 16 THE BALES?

16 THE BALES is located in SOUTH MILFORD, in the LS25 postcode district. The below map shows the position of No. 16 on THE BALES.