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
3 CHAPEL TERRACE is a very small detached house of 63m², built sometime before 1900. It was last sold for £255,000 in October 2020, which was around 26% below the average October 2020 detached price in the North Yorkshire local authority area. The most recent EPC inspection was July 2020, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows five sales for 3 CHAPEL TERRACE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Yorkshire local authority area for the corresponding sale date. All of the five 3 CHAPEL TERRACE 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 |
---|---|---|---|
2020 16 OCT | £255,000 | £346,391 | 26% below HPI |
2012 20 APR | £189,950 | £261,989 | 27% below HPI |
2010 26 MAR | £170,000 | £269,166 | 37% below HPI |
2006 10 FEB | £170,000 | £254,926 | 33% below HPI |
2004 12 JAN | £132,500 | £214,730 | 38% below HPI |
The below graph shows the average detached house price in the North Yorkshire local authority area over time, sourced from the HPI. The five 3 CHAPEL TERRACE sales between January 2004 and October 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 April 2012 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the October 2020 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.
3 CHAPEL TERRACE is 63m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 10% of detached houses in Welburn, based on EPC data. The below chart shows the distribution of detached houses by size in Welburn, and where 3 CHAPEL TERRACE lies on this distribution: 3% of detached houses are smaller than 3 CHAPEL TERRACE, and 97% of houses are larger. Note that EPC data is not available for all properties in Welburn.
3 CHAPEL TERRACE sits on a plot of roughly 0.025 of an acre, or 102m². The below map shows the location of 3 CHAPEL TERRACE, 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 3 CHAPEL TERRACE). 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.
3 CHAPEL TERRACE is located in WELBURN, in the YO60 postcode district. The below map shows the position of No. 3 on CHAPEL TERRACE.