40, OTTERWOOD LANE, YORK, YO24 3JR - £245,000

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

40 OTTERWOOD LANE is a very small extended detached house of 79m², built sometime between 1950 and 1966. It was last sold for £245,000 in October 2015, which was around 31% below the average October 2015 detached price in the York local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was D.

40 OTTERWOOD LANE Sold Prices

Land registry data shows four sales for 40 OTTERWOOD LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the York local authority area for the corresponding sale date. All of the four 40 OTTERWOOD LANE 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
2015 22 OCT	£245,000	£353,128	31% below HPI
2012 17 AUG	£162,500	£298,798	46% below HPI
2011 28 OCT	£177,500	£298,371	41% below HPI
2001 7 SEP	£115,000	£163,995	30% below HPI

40 OTTERWOOD LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the York local authority area over time, sourced from the HPI. The four 40 OTTERWOOD LANE sales between September 2001 and October 2015 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 August 2012 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the October 2015 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 40 OTTERWOOD LANE?

40 OTTERWOOD LANE is 79m², which includes one extension, according to the EPC inspection conducted in August 2011. This puts it in the smallest 20% of detached houses in York, based on EPC data. The below chart shows the distribution of detached houses by size in York, and where 40 OTTERWOOD LANE lies on this distribution: 19% of detached houses are smaller than 40 OTTERWOOD LANE, and 81% of houses are larger. Note that EPC data is not available for all properties in York.

40 OTTERWOOD LANE: Plot and Title Map

40 OTTERWOOD LANE sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 40 OTTERWOOD LANE, 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 40 OTTERWOOD LANE). 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 40 OTTERWOOD LANE?

40 OTTERWOOD LANE is located in YORK, in the YO24 postcode district. The below map shows the position of No. 40 on OTTERWOOD LANE.