Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
25 MERCHANT WAY is a very small detached house of 59m², built sometime between 1976 and 1982. It was last sold for £290,000 in May 2023, which was around 41% below the average May 2023 detached price in the York local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 25 MERCHANT WAY since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the York local authority area for the corresponding sale date. Both of the two 25 MERCHANT WAY 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 |
---|---|---|---|
2023 5 MAY | £290,000 | £494,479 | 41% below HPI |
1995 8 SEP | £63,000 | £89,737 | 30% below HPI |
The below graph shows the average detached house price in the York local authority area over time, sourced from the HPI. The two 25 MERCHANT WAY sales from September 1995 and May 2023 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 September 1995 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the May 2023 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.
25 MERCHANT WAY is 59m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 10% of detached houses in Copmanthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Copmanthorpe, and where 25 MERCHANT WAY lies on this distribution: 2% of detached houses are smaller than 25 MERCHANT WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Copmanthorpe.
25 MERCHANT WAY sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 25 MERCHANT WAY, 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 25 MERCHANT WAY). 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.
25 MERCHANT WAY is located in COPMANTHORPE, in the YO23 postcode district. The below map shows the position of No. 25 on MERCHANT WAY.