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
4 GRANGE TERRACE is a large detached house of 173m², built sometime between 1991 and 1995. It was last sold for £250,000 in October 2008, which was around 8% below the average October 2008 detached price in the North Yorkshire local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 4 GRANGE TERRACE since 1st 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. One of the three 4 GRANGE TERRACE sales was for below the average price, whilst two 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 |
---|---|---|---|
2008 15 OCT | £250,000 | £272,999 | 8% below HPI |
2003 9 JUL | £278,000 | £197,600 | 41% above HPI |
1998 1 APR | £110,000 | £97,138 | 13% above HPI |
The below graph shows the average detached house price in the North Yorkshire local authority area over time, sourced from the HPI. The three 4 GRANGE TERRACE sales between April 1998 and October 2008 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 July 2003 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the October 2008 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.
4 GRANGE TERRACE is 173m² according to the EPC inspection conducted in June 2020. This puts it in the largest 40% of detached houses in Melmerby, based on EPC data. The below chart shows the distribution of detached houses by size in Melmerby, and where 4 GRANGE TERRACE lies on this distribution: 67% of detached houses are smaller than 4 GRANGE TERRACE, and 33% of houses are larger. Note that EPC data is not available for all properties in Melmerby.
4 GRANGE TERRACE sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 4 GRANGE 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 4 GRANGE 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.
4 GRANGE TERRACE is located in MELMERBY, in the HG4 postcode district. The below map shows the position of No. 4 on GRANGE TERRACE.