2, OLD LANE, ILKLEY, LS29 8RR - £985,000

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.

2 OLD LANE is a very large detached house of 250m², which could now be worth an estimated £1,209,722. It was last sold for £985,000 in November 2020, which was around 281% above the average November 2020 detached price in the Bradford local authority area. The most recent EPC inspection was July 2020, where the current energy rating was B, and the potential energy rating was B.

2 OLD LANE Sold Prices

Land registry data shows two sales for 2 OLD LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bradford local authority area for the corresponding sale date. Both of the two 2 OLD LANE sales were for above 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
2020 5 NOV	£985,000	£258,678	281% above HPI
2004 30 JUN	£875,000	£147,241	494% above HPI

2 OLD LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bradford local authority area over time, sourced from the HPI. The two 2 OLD LANE sales from June 2004 and November 2020 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 June 2004 sale was for 494% above the HPI. So the extrapolation line tracks at 494% above the HPI over time, until the November 2020 sale, where it falls to 281% above the HPI. The line then continues to track at 281% above the HPI.

What might 2 OLD LANE be worth now?

2 OLD LANE might now be worth an estimated £1,209,722.

This is based on house price inflation of 22.8%, between November 2020 and February 2025, for detached houses, in the Bradford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.8% inflationary increase is applied to the most recent sale price for 2 OLD LANE of £985,000 on 5th November 2020. For the value to have increased from £985,000 to £1,209,722 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 OLD LANE has moved in line with the HPI for detached houses in the Bradford local authority area.
• The November 2020 sale price of £985,000 represented a fair market value for the property.
• The size, condition, and specification of 2 OLD LANE has not materially changed since November 2020.

How Large is 2 OLD LANE?

2 OLD LANE is 250m² according to the EPC inspection conducted in July 2020. This puts it in the largest 20% of detached houses houses in Ilkley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ilkley, and where 2 OLD LANE lies on this distribution: 85% of detached houses houses are smaller than 2 OLD LANE, and 15% of houses are larger. Note that EPC data is not available for all properties in Ilkley.

2 OLD LANE: Plot and Title Map

2 OLD LANE sits on a plot of roughly 0.191 of an acre, or 773m². The below map shows the location of 2 OLD 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 2 OLD 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.

Where is 2 OLD LANE?

2 OLD LANE is located in ILKLEY, in the LS29 postcode district. The below map shows the position of No. 2 on OLD LANE.