56B, FAR BANKS, HONLEY, HOLMFIRTH, HD9 6NW - £385,000

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.

56B FAR BANKS is a midsized detached house of 134m², built sometime between 1983 and 1990, which could now be worth an estimated £418,633. It was last sold for £385,000 in April 2024, which was around 23% above the average April 2024 detached price in the Kirklees local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was B.

56B FAR BANKS Sold Prices

Land registry data shows two sales for 56B FAR BANKS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Kirklees local authority area for the corresponding sale date. Both of the two 56B FAR BANKS 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
2024 26 APR	£385,000	£312,964	23% above HPI
1996 11 OCT	£150,000	£77,675	93% above HPI

56B FAR BANKS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Kirklees local authority area over time, sourced from the HPI. The two 56B FAR BANKS sales from October 1996 and April 2024 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 October 1996 sale was for 93% above the HPI. So the extrapolation line tracks at 93% above the HPI over time, until the April 2024 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 56B FAR BANKS be worth now?

56B FAR BANKS might now be worth an estimated £418,633.

This is based on house price inflation of 8.7%, between April 2024 and February 2025, for detached houses, in the Kirklees local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.7% inflationary increase is applied to the most recent sale price for 56B FAR BANKS of £385,000 on 26th April 2024. For the value to have increased from £385,000 to £418,633 over the one year and two months to February 2025, the following assumptions must hold true:

• The value of 56B FAR BANKS has moved in line with the HPI for detached houses in the Kirklees local authority area.
• The April 2024 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 56B FAR BANKS has not materially changed since April 2024.

How Large is 56B FAR BANKS?

56B FAR BANKS is 134m² according to the EPC inspection conducted in November 2023. This puts it in the largest 40% of detached houses houses in Honley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Honley, and where 56B FAR BANKS lies on this distribution: 60% of detached houses houses are smaller than 56B FAR BANKS, and 40% of houses are larger. Note that EPC data is not available for all properties in Honley.

56B FAR BANKS: Plot and Title Map

56B FAR BANKS sits on a plot of roughly 0.251 of an acre, or 1,016m². The below map shows the location of 56B FAR BANKS, 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 56B FAR BANKS). 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 56B FAR BANKS?

56B FAR BANKS is located in HONLEY, in the HD9 postcode district. The below map shows the position of No. 56B on FAR BANKS.