5, THE GILLS, OTLEY, LS21 2AQ - £178,000

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

5 THE GILLS is a very small detached house of 56m², built sometime between 1967 and 1975. It was last sold for £178,000 in September 2009, which was around 27% below the average September 2009 detached price in the Leeds local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was D.

5 THE GILLS Sold Prices

Land registry data shows two sales for 5 THE GILLS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Leeds local authority area for the corresponding sale date. Both of the two 5 THE GILLS 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
2009 15 SEP	£178,000	£245,497	27% below HPI
2000 23 JUN	£89,000	£113,997	22% below HPI

5 THE GILLS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Leeds local authority area over time, sourced from the HPI. The two 5 THE GILLS sales from June 2000 and September 2009 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 June 2000 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the September 2009 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 5 THE GILLS?

5 THE GILLS is 56m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 10% of detached houses in Otley, based on EPC data. The below chart shows the distribution of detached houses by size in Otley, and where 5 THE GILLS lies on this distribution: 1% of detached houses are smaller than 5 THE GILLS, and 99% of houses are larger. Note that EPC data is not available for all properties in Otley.

5 THE GILLS: Plot and Title Map

5 THE GILLS sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 5 THE GILLS, 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 5 THE GILLS). 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 5 THE GILLS?

5 THE GILLS is located in OTLEY, in the LS21 postcode district. The below map shows the position of No. 5 on THE GILLS.