2, THE CLOSE, SOWERBY, THIRSK, YO7 1JA - £230,000

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

2 THE CLOSE is a very small detached house of 80m², built sometime between 1950 and 1966. It was last sold for £230,000 in July 2022, which was around 43% below the average July 2022 detached price in the North Yorkshire local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was C.

2 THE CLOSE Sold Prices

Land registry data shows three sales for 2 THE CLOSE 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 2 THE CLOSE 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 7 JUL	£230,000	£401,748	43% below HPI
2001 25 MAY	£89,995	£127,125	29% below HPI
1999 23 JUN	£62,000	£102,373	39% below HPI

2 THE CLOSE 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 THE CLOSE sales between June 1999 and July 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 May 2001 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the July 2022 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 2 THE CLOSE?

2 THE CLOSE is 80m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 20% of detached houses in Sowerby, based on EPC data. The below chart shows the distribution of detached houses by size in Sowerby, and where 2 THE CLOSE lies on this distribution: 11% of detached houses are smaller than 2 THE CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Sowerby.

2 THE CLOSE: Plot and Title Map

2 THE CLOSE sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 2 THE CLOSE, 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 CLOSE). 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 CLOSE?

2 THE CLOSE is located in SOWERBY, in the YO7 postcode district. The below map shows the position of No. 2 on THE CLOSE.