4, GRANGE TERRACE, MELMERBY, RIPON, HG4 5HH - £250,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 GRANGE TERRACE is a large detached house of 173m², built sometime between 1991 and 1995, which could now be worth an estimated £375,936. It was last sold for £250,000 in October 2008, which was around 13% 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.

4 GRANGE TERRACE Sold Prices

Land registry data shows three sales for 4 GRANGE TERRACE 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. 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	£288,674	13% below HPI
2003 9 JUL	£278,000	£208,945	33% above HPI
1998 1 APR	£110,000	£102,716	7% above HPI

4 GRANGE TERRACE 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 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 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the October 2008 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 4 GRANGE TERRACE be worth now?

4 GRANGE TERRACE might now be worth an estimated £375,936.

This is based on house price inflation of 50.4%, between October 2008 and February 2025, for detached houses, in the North Yorkshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 50.4% inflationary increase is applied to the most recent sale price for 4 GRANGE TERRACE of £250,000 on 15th October 2008. For the value to have increased from £250,000 to £375,936 over the seventeen years and eight months to February 2025, the following assumptions must hold true:

• The value of 4 GRANGE TERRACE has moved in line with the HPI for detached houses in the North Yorkshire local authority area.
• The October 2008 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 4 GRANGE TERRACE has not materially changed since October 2008.

How Large is 4 GRANGE TERRACE?

4 GRANGE TERRACE is 173m² according to the EPC inspection conducted in June 2020. This puts it in the largest 40% of detached houses houses in Melmerby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Melmerby, and where 4 GRANGE TERRACE lies on this distribution: 68% of detached houses 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: Plot and Title Map

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.

Where is 4 GRANGE TERRACE?

4 GRANGE TERRACE is located in MELMERBY, in the HG4 postcode district. The below map shows the position of No. 4 on GRANGE TERRACE.