2, THE BALES, SOUTH MILFORD, LEEDS, LS25 5GG - £307,000

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 THE BALES is a very large detached house of 169m², built sometime between 2003 and 2006, which could now be worth an estimated £436,853. It was last sold for £307,000 in May 2015, which was around 1% above the average May 2015 detached price in the North Yorkshire local authority area. The most recent EPC inspection was October 2012, where the current energy rating was C, and the potential energy rating was B.

2 THE BALES Sold Prices

Land registry data shows two sales for 2 THE BALES since 1^st 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 2 THE BALES 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
2015 8 MAY	£307,000	£305,060	1% above HPI
2007 20 DEC	£374,995	£305,591	23% above HPI

2 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 two 2 THE BALES sales from December 2007 and May 2015 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 December 2007 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the May 2015 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 2 THE BALES be worth now?

2 THE BALES might now be worth an estimated £436,853.

This is based on house price inflation of 42.3%, between May 2015 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 42.3% inflationary increase is applied to the most recent sale price for 2 THE BALES of £307,000 on 8th May 2015. For the value to have increased from £307,000 to £436,853 over the ten years and three months to February 2025, the following assumptions must hold true:

• The value of 2 THE BALES has moved in line with the HPI for detached houses in the North Yorkshire local authority area.
• The May 2015 sale price of £307,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE BALES has not materially changed since May 2015.

How Large is 2 THE BALES?

2 THE BALES is 169m² according to the EPC inspection conducted in October 2012. This puts it in the largest 20% 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 2 THE BALES lies on this distribution: 81% of detached houses houses are smaller than 2 THE BALES, and 19% of houses are larger. Note that EPC data is not available for all properties in South Milford.

2 THE BALES: Plot and Title Map

2 THE BALES sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 2 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 2 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 2 THE BALES?

2 THE BALES is located in SOUTH MILFORD, in the LS25 postcode district. The below map shows the position of No. 2 on THE BALES.