2, PARK ROAD, SPOFFORTH, HARROGATE, HG3 1BS - £245,000

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

2 PARK ROAD is a very small detached house of 79m², built sometime between 1996 and 2002, which could now be worth an estimated £376,337. It was last sold for £245,000 in July 2012, which was around 15% below the average July 2012 detached price in the North Yorkshire local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

2 PARK ROAD Sold Prices

Land registry data shows three sales for 2 PARK ROAD 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. Two of the three 2 PARK ROAD sales were for below the average price, whilst one was 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
2012 16 JUL	£245,000	£287,743	15% below HPI
2003 19 FEB	£172,500	£196,896	12% below HPI
1997 7 FEB	£101,450	£94,947	7% above HPI

2 PARK ROAD 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 2 PARK ROAD sales between February 1997 and July 2012 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 February 2003 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the July 2012 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 2 PARK ROAD be worth now?

2 PARK ROAD might now be worth an estimated £376,337.

This is based on house price inflation of 53.6%, between July 2012 and December 2024, 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 53.6% inflationary increase is applied to the most recent sale price for 2 PARK ROAD of £245,000 on 16th July 2012. For the value to have increased from £245,000 to £376,337 over the eleven years and seven months to December 2024, the following assumptions must hold true:

• The value of 2 PARK ROAD has moved in line with the HPI for detached houses in the North Yorkshire local authority area.
• The July 2012 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PARK ROAD has not materially changed since July 2012.

How Large is 2 PARK ROAD?

2 PARK ROAD is 79m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 10% of detached houses houses in Spofforth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Spofforth, and where 2 PARK ROAD lies on this distribution: 3% of detached houses houses are smaller than 2 PARK ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Spofforth.

2 PARK ROAD: Plot and Title Map

2 PARK ROAD sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 2 PARK ROAD, 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 PARK ROAD). 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 PARK ROAD?

2 PARK ROAD is located in SPOFFORTH, in the HG3 postcode district. The below map shows the position of No. 2 on PARK ROAD.