3, SPRING BANK, MARTON CUM GRAFTON, YORK, YO51 9QZ - £405,000

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

3 SPRING BANK is a small detached house of 129m², built sometime between 1967 and 1975. It was last sold for £405,000 in August 2018, which was around 23% above the average August 2018 detached price in the North Yorkshire local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was D.

3 SPRING BANK Sold Prices

Land registry data shows three sales for 3 SPRING BANK 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 3 SPRING BANK 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
2018 3 AUG	£405,000	£328,076	23% above HPI
2002 4 DEC	£250,000	£178,413	40% above HPI
2001 16 JUL	£235,000	£130,824	80% above HPI

3 SPRING BANK 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 3 SPRING BANK sales between July 2001 and August 2018 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 2002 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the August 2018 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 3 SPRING BANK?

3 SPRING BANK is 129m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 30% of detached houses in Grafton, based on EPC data. The below chart shows the distribution of detached houses by size in Grafton, and where 3 SPRING BANK lies on this distribution: 27% of detached houses are smaller than 3 SPRING BANK, and 73% of houses are larger. Note that EPC data is not available for all properties in Grafton.

3 SPRING BANK: Plot and Title Map

3 SPRING BANK sits on a plot of roughly 0.156 of an acre, or 632m². The below map shows the location of 3 SPRING BANK, 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 SPRING BANK). 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 3 SPRING BANK?

3 SPRING BANK is located in MARTON CUM GRAFTON, in the YO51 postcode district. The below map shows the position of No. 3 on SPRING BANK.