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
7 WOOD LANE is a small detached house of 95m², built sometime between 1976 and 1982. It was last sold for £210,500 in May 2021, which was around 40% below the average May 2021 detached price in the North Yorkshire local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 7 WOOD LANE 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. All of the three 7 WOOD 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 |
---|---|---|---|
2021 27 MAY | £210,500 | £351,245 | 40% below HPI |
2015 27 NOV | £177,500 | £303,381 | 41% below HPI |
1997 25 JUL | £59,995 | £94,707 | 37% below 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 7 WOOD LANE sales between July 1997 and May 2021 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 November 2015 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the May 2021 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.
7 WOOD LANE is 95m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 40% of detached houses in Thorpe Willoughby, based on EPC data. The below chart shows the distribution of detached houses by size in Thorpe Willoughby, and where 7 WOOD LANE lies on this distribution: 33% of detached houses are smaller than 7 WOOD LANE, and 66% of houses are larger. Note that EPC data is not available for all properties in Thorpe Willoughby.
7 WOOD LANE sits on a plot of roughly 0.051 of an acre, or 205m². The below map shows the location of 7 WOOD 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 7 WOOD 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.
7 WOOD LANE is located in THORPE WILLOUGHBY, in the YO8 postcode district. The below map shows the position of No. 7 on WOOD LANE.